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THE BOND MARKET REVOLT: Why Your Mortgage Just Hit 2007 Highs!
Long-term interest rates are climbing to 18-year highs despite a hawkish Federal Reserve, as a $25 Billion Alphabet corporate bond sale demonstrates how Big Tech is competing directly with U.S. Treasuries. In today's Wall Street Truthbomb, Mark Malek breaks down why the term premium is forcing 30-Year Treasury yields above 5.1% and pushing mortgage rates higher.Mark analyzes the four underlying drivers pushing long-term borrowing costs up: $2 Trillion+ federal deficits, a shift from patient sovereign buyers to price-sensitive investors, inflation/policy uncertainty, and mega-cap tech…
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