U.S. Treasuries Hit 18 Year Record-High Yields

United States Treasuries have hit an 18 year record-high yield of 5.044%.

This is a very bad problem because the US must refinance another $7 TRILLION to $9 TRILLION in debt before the end of this calendar year.  

This higher yield will make paying that debt much more expensive - perhaps more expensive than the nation can actually afford.