The 30-year Treasury just spiked to its highest level since the 2007 global financial crisis, and nobody is paying attention.
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Interest rates have risen at the fastest paces in recent history, and moves like that don't happen without consequences.
For years, investors operated under the assumption that borrowing would remain cheap and refinancing would always be available. Now that assumption is being challenged, and cracks are beginning to appear.
In this video, I'll break down:
• How the fastest-growing asset class on Wall Street is structurally exposed
• Why 4 of the world's largest sovereign bond markets are all spiking at the same time, and what it actually means
• What SOFR is, how it spiked from 0 to over 5%, and why floating-rate loans quietly turned that into a time bomb
• The payment-in-kind (PIK) loophole that lets a company sliding toward bankruptcy still count as a healthy, performing loan
• What private credit actually is, who it lends to, and how an industry quietly grew almost 10-fold since 2007
Note Pro: https://bit.ly/3QjqGPs
Discover more: https://bit.ly/4umsFR9
15% code: CASUAL
Amazon: https://amzn.to/3S5ANI6
15% code: 9C8UXGPP
Interest rates have risen at the fastest paces in recent history, and moves like that don't happen without consequences.
For years, investors operated under the assumption that borrowing would remain cheap and refinancing would always be available. Now that assumption is being challenged, and cracks are beginning to appear.
In this video, I'll break down:
• How the fastest-growing asset class on Wall Street is structurally exposed
• Why 4 of the world's largest sovereign bond markets are all spiking at the same time, and what it actually means
• What SOFR is, how it spiked from 0 to over 5%, and why floating-rate loans quietly turned that into a time bomb
• The payment-in-kind (PIK) loophole that lets a company sliding toward bankruptcy still count as a healthy, performing loan
• What private credit actually is, who it lends to, and how an industry quietly grew almost 10-fold since 2007
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