The 10 YR BOND (U.S.) and 10 YR GILT (U.K.) reach 16 year highs. U.K. financial crisis is heating up dragging U.S. yields.

The U.S. 10 YR yield has touched 4% not seen since 2007, but the dramatic rise in bond yields, is manifesting from two things, money pouring into U.S. dollars and the U.K. financial crisis which looks like a brutal storm on the horizon.  Note the overlay (chart above) of the 10 YR Gilt and the U.S. 10 YR, England is showing how to not deal with inflation, with expectations that the Bank of England will have to merciless in its rate hikes, shows up the battle that the Federal Reserve has in containing imbedded and festering inflation which has accumulated over many years of loose monetary policy and debt/credit expansion + supply chain shocks ala Covid-19, war and finally, climate change.   

Extreme volatility ahead.  Study this bonus chart below: