The 30 year Treasury bond is screaming a warning sign right now

The 30 year Treasury bond is screaming a warning sign right now. It just hit the highest level since 2007. The last time it was this high, the iPhone had just launched. So why is it rising so fast? There's three reasons. Reason number one: too much supply. There's just too much supply on issuing more bonds without enough buyers to buy it up. So the interest rates to be paid has to rise to incentivize more buyers. It's kind of like a landlord sitting on a bunch of empty apartments who has to drop the rents in order to rent them. Reason number two: inflation fears. Reason number two, inflation fears. Lenders don't want to get locked up and get paid a low interest rates for the next 30 years if they believe that inflation will continue to rise. So they have to demand more in order to keep up with inflation. And reason number three: Japan. Japan is the largest holder of our debt. So their currency has been plummeting and getting crushed. So they stopped buying the US Treasuries and even started selling US Treasuries in order to prop up their own currency. So what does that mean for people like you and me? Borrowing might get more expensive across the board, especially mortgages. Since the 10 year Treasury yield has also been climbing as well. So if you want to see how I am positioning myself, I do live weekly coaching calls and workshops and a real community. Come join the Wealth Engine community. Comment the word engine or check the link in the bio to get started. Hope to see you there.