Higher rates and the promise of increasing yields have not been enough to lure outside investors into treasury markets, with treasuries now facing the worst bond market collapse in half a century.

Poster Comment:

On May 19, 2023 at the BRICS meeting Russia and China will cancel all loan repayments made in dollars, pounds, euros and yen. US Treasury bonds will have zero value outside the US. The US dollar will collapse. Wages will be cut 60%.