Stocks, Bonds, Gold, & Crypto Slide As US Sovereign Risk Roars To Record High

A glimpse at the short-end of the yield curve shines a bright light on market stress around the debt-ceiling X-Date being dragged closer. Bills that mature within a month are dramatically bid, while Bills that mature after a potential sooner-than-expected X-Date are bidless… Source: Bloomberg The yield curve itself shows that huge kink more clearly… […] Source