The Tokyo Trilemma is reaching a point where something will break soon. Global bond yields surge toward danger levels. Japan, France, Germany bonds spike together. Gold and silver hit Gold hit a new all-time high.

Bond markets do not scream unless something is wrong. Japan cracking at a 26 year high while France and Germany follow is not a coincidence. This is the cost of pretending debt did not matter for a decade. Once the …

READ MORE

Repo failures surged 50%, swap spreads hit record lows. Credit card delinquency rates are reaching 2008’s levels. When is the rug pull coming?

Commodities are not feeling very inflationary right now. https://t.co/cS1Yveed7h pic.twitter.com/LbdPayQmSx — Financelot (@FinanceLancelot) November 11, 2024 I'm keeping a close eye on 5 year and 10 year breakeven inflation. We saw a similar breakout in 2008 when inflation expectations were …

READ MORE