Bond Sell-Off, Oil Near $100, Clancy Case and Holiday Debate

Bond Sell-Off Raises New Economic Warning Signs Rising Treasury yields could push mortgage rates above 7 percent while increasing car loan costs and federal debt payments. Continued government borrowing also threatens to pull investment away from the private sector and weaken economic growth. Oil Nears $100 as Middle East Instability Continues Higher oil and diesel prices could increase transportation, grocery, and energy costs across the country. A prolonged conflict involving Iran may add to inflation pressures and increase the risk of a recession. Jury Intimidation Arrest Brings New Attention to Clancy Case Dawn Light faces felony jury intimidation charges after allegedly photographing and intimidating jurors connected to the Lindsay Clancy trial. The case is also shaped by a Massachusetts law requiring prosecutors to prove beyond a reasonable doubt that Clancy was sane. President Questions the Cost of America's Paid Holidays The president argues that the number of paid holidays costs businesses and the economy billions of dollars. The criticism could create a new political fight over Juneteenth and the national holiday calendar. Text ERICK to 33-777 for "Show Notes" and to stay updated on all things Erick Erickson. www.erickerickson.com https://www.youtube.com/@ewerickson  https://rumble.com/ewerickson  Stay grounded, stay informed, and keep the faith.