The US bond rout intesified this week

This is the US yield curve, moving intraday at one-hour intervals. The long-end just can't stop steepening. That is why mortgage costs are rising and businesses are holding back on long-term investment.

[@kimpaul]

What an interesting time to be an investor

[@perritogomez6242]

The fed has been fighting inflation, now there is going to be more inflation with the cost of debt higher