Why the bond market is going ballistic (and no, it’s not just Iran)

government financing and consumer borrowing costs from mortgages to auto loans, soared past 4.7%, the highest level of Donald Trump’s second term as president. The bond market blow-up came as American oil futures jumped almost 6% and the Dow Jones Industrial Average sank 600 points.

The obvious scapegoat for the market’s movement is our military campaign continue reading …