The Most Important Rate in the World Just Broke a 20-Year Trendline

The bond market is talking, but no one is listening.
As I explain in my bestselling book The Everything Bubble: the Endgame For Central Bank Policy, the yield on the 10-Year US Treasury bond is the single most important interest rate in the financial system.
This is the “risk free” rate of return… the rate against which ALL risk is measured (stocks, commodities, corporate bonds, mortgages, etc).
With that in mind, take a look at the following chart.