US debt is even worse than it seems, and Treasury yields are now an 'all-hands-on-deck situation'
· fortune.com
The anomalous recent behavior of the 10-year yield is actually as sign that "demand for Treasury debt is weaker than first meets the eye."
The market for U.S. Treasuries has shown troubling signs lately, and rising yields are a clue that conditions are more dire than they appear, according to Robin...