Game Over!!! “China’s Radical Move Spells Trouble for US Bonds and Dollar!“

The U.S. fiscal situation and its potential global impact are raising various concerns. These concerns encompass credit downgrades, the rise in U.S. treasury yields, and the influence on the U.S. dollar’s status as the global reserve currency. On August 8th, Moody’s, a prominent credit rating agency, garnered attention by downgrading the credit ratings of several mid-sized U.S. banks. This action closely followed Fitch ratings’ downgrade of the U.S. credit rating. The repercussions were not limited to U.S. insurance companies and banks; worries about potential downgrades for municipal bonds also emerged. Consequently, the yield on the 10-year U.S. treasury surged to %, marking a six-month high since the start of August. This benchmark’s yield has surged significantly by 240 basis points as investors persist in selling. Wall Street is taking note of this situation, as the growing instability in the U.S. fiscal scenario directly impacts the valuation of trillions of U.S. treasury bonds. If you found this video useful, please share it with a friend! Consider subscribing to the channel for videos on investing, business, the stock market, money management, wealth creation, passive income, and other finance-related topics! Subscribe now: jim rogers, fitch ratings, credit downgrades, janet yellen, u.s. treasury secretary -------------------------------------------------- Follow InvestoPads on Social Media: Twitter: Facebook: -------------------------------------------------- Business & Copyright Issues email: bprdmakeit@ DISCLAIMER: It’s important to note that I am not a financial adviser and you should research stocks to invest in. These are just some of the viewpoints, by no means would I recommend watching one YouTube video and immediately buying that stock. This video was made for educational and entertainment purposes only. Consult your financial adviser. 🎥 We own commercial licenses for all the content used in this video except parts about the topic that have been used under fair use. For any concerns or business inquiries don’t hesitate to contact us via email in the “About” section of the channel.