Michael Burry warns the U.S. might be headed towards full nationalization of the Bond Market 🤯👀😱 pic.twitter.com/Enwbs6ZFnS
— Barchart (@Barchart) December 12, 2025
10Y 4.2
Powell is fuming
— Don Johnson (@DonMiami3) December 12, 2025
10 year yield right back up to 3 month highs despite the Fed announcing t-bill QE.
The bond market is rejecting what the Fed did Wednesday: pic.twitter.com/cR4r3zqh4Z
— QE Infinity (@StealthQE4) December 12, 2025
Trump wants lower rates and rates are ripping higher in his face, this is suboptimal.
— jbulltard (@jbulltard1) December 12, 2025
The federal funds rate has fallen by 150 bps points since the Fed began cutting rates in September 2024. The 10-year Treasury yield was 3.65% on the eve of the first rate cut. Today, it is 4.19%. Remind me again why investors think the Fed will save the day?
— Peter Berezin (@PeterBerezinBCA) December 12, 2025
The global yield crisis:
Global 10+ year government bond yields have jumped to 3.9%, the highest since 2009.
World bond yields have are now 5.6 TIMES above the 2020 pandemic low.
This comes as the cost of long-term borrowing has surged across major economies, including the US, Japan, the UK, Canada, Germany, and Australia.
Japan’s 40Y and 30Y Government Bond Yields have rapidly risen to 3.71% and 3.38%, the highest since their debuts in 1999 and 2007.
At the same time, the German 30Y yield has surged to 3.46%, the highest since July 2011.
Investors are increasingly demand higher compensation due to rising global debt levels and falling conviction about further rate cuts worldwide.
The era of cheap money for governments is over.
https://x.com/KobeissiLetter/status/1999539154699292879