Holy Crap - 10 yr (Patreon)

I spoke about this yesterday. I had my fingers crossed, but I was not that optimistic, but he did it. Do not fade Mr. Bessent... he knows what he is doing.

The 10-year bond rate is basically the interest rate the U.S. government pays when it borrows money by selling 10-year Treasury bonds. It’s a big deal because it’s like a benchmark for the economy. When it’s under 4%, like it is now , it means borrowing money is relatively cheap. This can signal a few things: the economy might be slow, inflation isn’t too wild, or the Federal Reserve is keeping rates low to encourage spending and investment. For us regular folks, it could mean lower mortgage rates or cheaper loans, which is nice.