US bond yields approaching the critical point of 5%! Market veterans: may need a "Treasurys-style crash" to force fiscal reform.
Zhtng Cijng APP huxn, qnin 11 yu d xun lum sh, xin yu zhi qun shchng rnsh b Eurizon SLJ Capital zhng mn rn, zxn shchng lo jing Stephen Jen gng lgun d kndi tlngp jq DOGE tundu de chngbn xujin cuz nnggu zh b dun pngzhng de ysun chz.
According to the Wisdom Financial APP, when the general election came to an end in November last year, few bond market professionals were as optimistic as Stephen Jen, the head of Eurizon SLJ Capital and a senior market veteran, about the cost-cutting measures of Trump and his DOGE team being able to curb the continually expanding budget deficit.
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