Eps 0320 - What Happens if the $133 Trillion US Treasury Market Collapses?
Did you know that 2022 was the WORST year for US Treasuries in American history?
The benchmark 10-year Treasury fell nearly 18%, and the 30-year Treasury collapsed over 39%. Many other bonds did even worse.
Even if you go back 250 years, you can’t find a worse year for Treasuries, the foundation of the colossal global bond market.
It should forever end the ridiculous—yet pervasive—delusion that Treasuries are "risk-free."
Mail - Seth Martin - Outlook (live.com)
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