Corporate Legal Counsel (cand.merc.jur.) • External Lecturer at CBS • Section Head at Banedanmark
Historical newsletter posts regarding capital markets and strategic events.
This week, the 10-year US Treasury yield is hovering around 4.50%, while the Fed Funds rate sits at 3.75%. The US national debt has crossed $40.2 trillion this week.
When a state refuses to pay the market rate for its $40T debt, the bill is passed to the currency. The dollar is quietly weakening against gold and hard assets. The Debasement Trade is, in my opinion, the most rational response to the central banks' current dilemma.
Sources: Deutsche Bank.
This week, the 10-year US Treasury yield is hovering around 4.50%, while the Fed Funds rate sits at 3.75%. The US national debt has crossed $40.2 trillion this week.
When a state refuses to pay the market rate for its $40T debt, the bill is passed to the currency. The dollar is quietly weakening against gold and hard assets. The Debasement Trade is, in my opinion, the most rational response to the central banks' current dilemma.
Sources: Deutsche Bank.