The 30-year Treasury yield rose above 5.3%, its highest since April 2007, drawing fresh attention to pressure in the US bond market. Peter Schiff notes US debt

The 30-year Treasury yield rose above 5.3%, its highest since April 2007, drawing fresh attention to pressure in the US bond market. Peter Schiff notes US debt has climbed from under $8.8T then to more than $39.9T now, while yields are rising, not falling.