Look again at this chart and ask yourself why bond yields should be low?

Look again at this chart and ask yourself why bond yields should be low? Market keeps pricing more MMT (selling bonds) or the fact that debt is unproductive and require way way way way higher yields (pushing the same time velocity probably to new lows).

Doom loop … pic.twitter.com/K1khIp5Rr2

— GregTheAnalyst (@Analyst_G) February 28, 2023