Bond Yields' Loudest Warning Since 1996
Global bond yields just climbed to their highest level since 2008, with Japan's 10-year notes touching 3% for the first time since 1996, as traders price in a near seventy percent chance of a Fed rate hike this month. Jackson Mikalic, Michael Tanguma, Liam Nelson, and Brian Cubellis put four stories on the clock: the global bond selloff and a central banking system with no good options left, European Commission President Ursula von der Leyen's push to redirect ten trillion euros of household savings into EU companies, a Wall Street Journal piece on Americans melting down family heirlooms for cash, and South Korea giving its entire population free, unlimited access to AI. Where's the signal, and where's the noise?
Chapters
00:00 - Intro 00:31 - Topic 1 - The EU Wants Your Savings 08:05 - Topic 2 - Melting Down the Family Silver 18:11 - Topic 3 - Global Bond Yields Hit Their Highest Level Since 2008 26:10 - Topic 4 - South Korea Gives Its Whole Country Free AI 34:02 - Lightning Round and Parting Thoughts
