What This Crazy Bond Market Means For You

<p>Chris, Saied and Haroon have been building up slowly on our collective knowledge and discussions about the bond market. Well, in this episode we put it all together and talk about how its current status is likely going to impact you and all the news you're hearing. But first, the boys jump in to some compelling financial facts they quote from one of their favorite X pages - The Kobeissi Letter. One of the boys' favorite economists Mohamed A. El-Erian says that "something is likely to break" after the most recent jobs data came out. And, we are in the worst bond selloff since 1787 which allegedly ends the "Free-Money" era. Chris and Saied also lovingly sound off on Internet trolls because it wouldn't be an episode of The Higher Standard without some sassy banter. </p><p><strong>Resources:</strong></p><p><a href="https://twitter.com/kobeissiletter/status/1711101738776715425?s=46&amp;t=r_gW8CFzU5JjJSZGC-ZjeA" rel="noopener noreferrer" target="_blank">The Kobeissi Letter</a>&nbsp;(via X)</p><p><a href="https://www.instagram.com/p/CyI7rzuxj86/?igshid=MzRlODBiNWFlZA%3D%3D" rel="noopener noreferrer" target="_blank">How much can and should the government borrow?</a>&nbsp;(Bloomberg Opinion via Instagram)</p><p><a href="https://www.bloomberg.com/news/articles/2023-10-06/bond-market-yields-at-5-or-more-spell-pain-for-everyone" rel="noopener noreferrer" target="_blank">The 5% bond market means pain is heading everyone’s way</a>&nbsp;(Bloomberg)</p><p><a href="https://www.bloomberg.com/news/articles/2023-10-06/-something-is-likely-to-break-after-jobs-data-el-erian-says-lneq30j7" rel="noopener noreferrer" target="_blank">‘Something Is Likely to Break’ After Jobs Data, El-Erian Says&nbsp;</a>(Bloomberg)</p><p><a href="https://www.morningstar.com/markets/markets-brief-will-bond-yields-top-5" rel="noopener noreferrer" target="_blank">Markets Brief: Will Bond Yields Top 5%?</a>&nbsp;(Morningstar)&nbsp;</p><p><a href="https://www.bloomberg.com/news/articles/2023-10-04/long-bonds-historic-46-meltdown-rivals-burst-of-dot-com