30yr yield at 5% is desperation. The dominoes are falling.

US margin debt surged +$83 billion in April, to a record $1.3 trillion. Over the last 12 months, margin debt has risen +$453 billion, or +53%
byu/RobertBartus inEconomyCharts

“People take loan to bet on price going up or down in future. If price goes in opposite direction over your collateral, shares are force sold/bought and your collateral taken.”

h/t RobertBartus