Treasury yields surged (2Y at 4.87%, 10Y at 5.18%), CPI at 3.35% YoY, unemployment 4.1%; macro analyst warns financing system faces simultaneous pressure from sovereign deficits, AI capex, credit extensions, and consumer strain.
Macro & Markets ·
Two-year and ten-year Treasury yields rose to 4.87% and 5.18% respectively as of September 24, while August inflation reached 3.35% year-on-year and unemployment stood at 4.1%. A macro analyst warns that the financing system faces simultaneous pressure from sovereign deficits, artificial intelligence capital expenditures, credit extensions, and consumer strain, with duration risk and long-yield movements identified as critical pressure points.