Bond Selloff Sends Borrowing Costs to Two-Decade High
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- Barron's warned the Fed faces a credibility crisis and that 'the stock market will pay the price,' while CNN framed the moment as the bond market asking Kevin Warsh directly: 'What are you doing about inflation?'
- Government borrowing costs hit a two-decade high amid the bond selloff, per a WSJ live updates feed that also noted Dow futures ticking up and oil edging higher.
Why it matters: A two-decade high in borrowing costs gives Barron's 'credibility crisis' language concrete weight, and the WSJ live feed tracking equity and oil reactions in real time shows this isn't a single-asset story — it's a cross-asset repricing centered on Fed credibility.
