Bannon`s War Room Episode 4503: 20 Year Treasury Bond Auction Debacle
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May 21, 2025 Mike Lindell, CEO of MyPillow and staunch Trump supporter, dives into the impact of a recent treasury bond auction on the market, raising eyebrows about rising yields and political negotiations. He discusses the complexities the Biden administration faces and how they're affecting economic stability. Lindell also touches on the potential consequences of increasing national debt and the ongoing tussles within Congress. With an eye on American priorities, he offers insights into Trump's domestic focus amidst global challenges.
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Bond Auction Reveals Fiscal Jitters
- The weak $16 billion 20-year Treasury bond auction signals growing investor jitters about America's fiscal path.
- Rising Treasury yields above 5% show markets doubting government fiscal sustainability amid tax and spending disputes.
Bond Market Dictates Fiscal Reality
- The bond market is starting to 'vote' on America's debt, signaling necessary fiscal restraint.
- Excessive debt and deficits risk letting bond market forces dictate US economic policy.
Reduce Deficits to Retain Control
- To avoid losing control over economic decisions, America must reduce deficits and contain rising interest costs.
- Immediate spending and tax reforms are crucial before rising rates cripple funding options.