Economist Peter Schiff is sounding the alarm on a brewing bond market crash, warning that U.S.
Treasuries are firmly "breaking down" as yields surge.
Despite a current market dip in precious metals, Schiff insists this systemic turmoil is the ultimate buy signal for gold and silver.
Yields Surge As Treasuries 'Break Down' In a post on X on Friday, the Chief Economist and Global Strategist at Europac.com pointed to alarming figures across the broader bond market.
Schiff highlighted to his followers that the benchmark 10-year Treasury yield has pushed well past the 4.53% mark, trading at a concerning 4.52%.
