Why the Long End of the Curve Is Sending a Fiscal Warning

The 30-year Treasury yield has stayed above 5% for weeks while the short end remains anchored near 3.6%. Lucas and Luna break down what this persistent steepening means for the federal government's borrowing strategy, why the Treasury is increasingly reliant on long-term debt, and how the debt-to-GDP ratio crossing 122% changes the bond market's calculus. With consumer sentiment at a record low and the Fed on hold, they explore whether the term premium is finally repricing fiscal risk. Specific numbers: 30-year yield at 5.07%, 10-year at 4.48%, debt-to-GDP at 122.6%. #NationalDebt #TreasuryYields #30YearTreasury #YieldCurve #FederalDeficit #DebtToGDP #TermPremium #FiscalPolicy #BondMarket #FederalReserve #ConsumerSentiment #ECB #IranWar #Inflation #Podcast #Economics #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo