Why, in the war between Ukraine and Russia, is America the first to surrender? -- a future Ukrainian proverb

The U.S. Treasury is getting ratioed on an apparent self-own. Higher yields raise U.S. borrowing costs and often reflect market anxiety rather than strength. Investors demand higher yields when they see greater risk in holding government debt. This is not a good sign.

If you’re having trouble understanding the new outfit today, it’s a look more commonly seen on what I can only describe as the President’s unexpected new friend.