...just wait when Trump makes good his tariff policy promise to see what it will do to yields. 5pc is coming!
Whilst the long end of the yield curve is experiencing rising interest rates (see the 10-Year, 20-Year, 30-Year bond yields breaking out), the short end is not (the 2-year has not broken out, the 1-Year looks weak, and the 1-month is plunging). This increases risk of recession, market crashes and geo-political 'events'.