10-Year Treasury Just Broke 4.71% — Warsh Has 6 Days To Choose | Bond Market Crisis Explained [7zLDPD5mkiV]
The US 10-year Treasury yield just printed 4.71% — the highest level since January of last year. Both ends of the yield curve sold off together. UK, Japanese, and US long bonds are hitting multi-year highs simultaneously. And it happened 6 days before Fed Chair Kevin Warsh has to decide: hold, hike, or pivot. This is not one country's problem. It is a synchronized global bond repricing running through Western trading floors while the Chinese state moves in the opposite direction — shutting down retail paper gold, accumulating physical, and passing US Treasury holdings in gold reserves for the first time since 1996. In this breakdown: Why the 4.71% print matters and what triggered it The Iran ceasefire collapse, Hormuz tanker strikes, and WTI crude at $85 Coordinated selling on both ends of the US yield curve UK gilt yields blowing out — echoes of October 2022 Japanese yen at 162 and the periphery-first pattern of sovereign stress China closing retail paper gold on July 24 while central bank buying enters month 20 Central bank gold value overtaking US Treasury holdings — first time since 1996 The Fed's impossible trilemma: hold, hike, or pivot The rare 6-day catalyst window: FOMC, inflation data, and the UK budget Watch the Short: Channel: Disclaimer: This video is for educational and informational purposes only. Nothing in this video is financial advice or a recommendation to buy or sell any asset. Do your own research.