Treasury bonds literally collapsing – Burry was right again

Treasury bonds literally collapsing – Burry was right again

— Don Johnson (@DonMiami3) October 21, 2022

Biden insists the UK economic turmoil WON’T spill into the US – despite reports White House and Federal Reserve has been warned a similar meltdown could happen because of surging interest rates

• President Joe Biden downplayed concerns the economic turmoil in the United Kingdom will spill over into the U.S. 
• ‘No, I don’t think they’re that consequential,’ Biden said
• British Prime Minister Liz Truss’ fate was sealed when traders reacted to her new fiscal program by torpedoing the pound and other British assets 
• Biden’s administration has been asking officials if the United States could face a similar market slide, The New York Times reported 

The Bank of America is warning the United States treasury market is at risk of large scale forced selling.

The world’s biggest bond market.

Keep an eye on Japan.

— Gold Telegraph ⚡ (@GoldTelegraph_) October 20, 2022