Treasury bonds literally collapsing – Burry was right again

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Biden insists the UK economic turmoil WON’T spill into the US – despite reports White House and Federal Reserve has been warned a similar meltdown could happen because of surging interest rates

  • President Joe Biden downplayed concerns the economic turmoil in the United Kingdom will spill over into the U.S. 
  • ‘No, I don’t think they’re that consequential,’ Biden said
  • British Prime Minister Liz Truss’ fate was sealed when traders reacted to her new fiscal program by torpedoing the pound and other British assets 
  • Biden’s administration has been asking officials if the United States could face a similar market slide, The New York Times reported 


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