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๐Ÿ“ˆ 10 Year US Treasury Rate is Up 208% in One Year

October 19, 2022

NewsTreason.com Commentary

US 10 Year Treasury Note: As of 3pm EDT 10/19/22

As of today, October 19, 2022, the 10 Year US Treasury Yield (Interest Rate) is up 207.96% in one year.

Let that sink in.


The primary driver of most interest rates on Mortgages, Credit Cards, Lines of Credit, Personal loans, Car Boat & RV loans, leases etc, is up 208% in just ONE YEAR.

See if you can find another time in history when such a fast rate increase has occurred. And remember, this is NOT the rate that the FED controls. This is a market-based rate, derived from the trade of US Treasury Bonds.


Let THAT sink in.


This is all happening in addition to:


๐Ÿชซ 1 in 6 US Households are in danger of having their utilities shut off for non-payment.


๐Ÿ“‰ 52% of large corporations have started layoffs already.


๐Ÿ“‰ 35% of small businesses are behind on rent payments.


๐Ÿ“‰ Consumer sentiment is at an all-time low.

๐Ÿ“‰ US Homebuilder Sentiment has crashed from 84 to 46 since January, a record pace.


๐Ÿ“‰ The stock & bond markets are crashing concurrently (stagflation) and are on pace for one of the worst years in history.

๐Ÿ“ˆ Mortgage rates hit a 20-year high, with the average rate having doubled since January.

๐Ÿ“‰ Mortgage applications are down by 65% from last year.

๐Ÿ“‰ The US Dollar is dangerously close to losing its status as the World's Prime Reserve Currency.


๐Ÿ“ˆ Core Inflation items (food, utilities, fuel) are up 21%.


๐Ÿ“‰ Real wages have declined for 18 straight months.


๐Ÿ“ˆ Credit card debt levels are near record highs.

๐Ÿ’ฐ Banks are over-leveraged by Quadrillions of Dollars and the Central Banks do not have the funds to bail them out. Theyโ€™re insolvent.


And much much moreโ€ฆ..

ALL AT THE SAME TIME.

Just ask the sleepers to compare this economic Armageddon to the mainstream media....


The SAME complicit, gaslighting media thatโ€™s pretending as if thereโ€™s actually a rational debate to be had about whether or not the economy has ALREADY collapsed.

It is be the modern day equivalent of believing that a Cessna hit the World Trade Center on 9/11 because you watched the wrong network.

Sounds insane to be that uninformed, doesnโ€™t it?


#WakeUpAmerica


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