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The bond market is spooked. This is why you should care (globalnews.ca)

submitted 1 week ago by [email protected] to c/[email protected]

3 comments fedilink hide all child comments

Long-term bond yields are rising quickly after the United States government saw its credit rating downgraded by several analysts, which could have global implications.

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[–] [email protected] 3 points 1 week ago

You think right wingers give a damn? Nothing anyone can say that starts with 'this will cause' matters to them, they don't believe you and deny reality. If you want them to react to anything it has to be 'This is what you can do about the thing that's affecting you personally right now'. And even then, you better be really damn convincing.

[–] Lemmyoutofhere 2 points 1 week ago

Mortgage rates are going to increase.

[–] Sdes01 1 points 1 week ago

Our debt situation is not all that much better than the US.