Global yields to explode in 2025. U.S. faces $50 trillion debt maturity rollover by mid-2025. Gold is probably heading towards $20k.

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The U.S. federal debt is projected to reach over $50 trillion by the middle of the next decade. This includes the need to roll over existing debt, which means refinancing or issuing new debt to pay off maturing obligations. The Congressional Budget Office (CBO) has projected that the U.S. government will face significant debt maturities around mid-2025.

https://www.morganstanley.com/ideas/us-debt-trump-second-term-markets-investing






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