The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.

Normally, investors rush into Treasurys at a whiff of economic chaos but now they are selling them as not even the lure of higher interest payments on the bonds is getting them to buy.

The freak development has experts worried that big banks, funds and traders are losing faith in America as a good place to store their money.

  • RandoMcRanderton@lemmy.world
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    3 days ago

    we’ll need to hold another election

    It depends on how likely you think this is to happen, I guess. Trump stated in his campaign that if he is elected no one will ever need to vote again. He is now talking about there being ways he could have a third term. He may fail at his plan, but it seems he is planning to remain president for a long time. We saw what happened last time he lost an election, and he seems more brazen now than he was then.