US 10y note yield up almost 50% in 3 months... Stocks are feeling it. I wonder if our overseas money-funded Aussie banks are too.
This happened to a lesser extent in 2017 also, except this time it’s global. From the US to Europe and Asia, a clear sea change is here.
I wouldn’t want to be a nation with one of the highest household debt levels in history... Oh wait.
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