Episode Details

A global bond selloff is sending a warning that Washington may no longer be able to control the economic fallout. In this condensed recap of Breaking Points with Krystal Ball and Saagar Enjeti, the full discussion is distilled into a quick listen that covers rising Treasury yields, mortgage rates near 7%, and why U.S. debt, inflation, and war spending are putting pressure on markets worldwide. The episode also breaks down how Scott Bessent’s intervention failed to calm the bond market, why the Federal Reserve is stuck between Trump’s push for rate cuts and inflation risks, and how strong corporate profits can mask growing strain on consumers. With long-term yields climbing in Japan, Britain, Germany, and France, the hosts explore what this means for reserve currency strength, geopolitics, and the AI-driven demand for capital. Listen now to get the key ideas in minutes.