The yield on the 30-year Treasury just hit 5%. Soon the 10-year will hit 5% too. This is just a pit stop on a fast track to 6%. Then 7%. Don't fall for the Wall Street narrative that rates are rising

The yield on the 30-year Treasury just hit 5%. Soon the 10-year will hit 5% too. This is just a pit stop on a fast track to 6%. Then 7%. Don't fall for the Wall Street narrative that rates are rising for the right reasons. They're rising due to soaring debt and high #inflation.