Crisis Hits US Bond Market | Doomberg
A crisis is happening in the financial system as yields are rising dramatically, and foreign buyers of U.S. debt are moving away from Treasuries.
And as the Israel-Hamas conflict escalates, the possibility of oil prices spinning out of control grow. War with Iran could increase prices dramatically, and Europe is not prepared for a spike in energy prices.
Doomberg: https://doomberg.substack.com
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INTERVIEW TIMELINE:
0:00 Intro
2:08 Israel-Hamas conflict
6:42 Oil spike?
11:15 Diesel prices
12:33 Natural gas
18:00 Healing in US
22:30 Inflation vs deflation
24:50 Last thoughts
25:22 Miles Franklin
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