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The US bond market is on the verge of a major breakdown - and that will send mortgage rates to levels unseen since 2000 and fuel more banking trouble, economist says

The US bond market is on the verge of a meltdown that will send government debt costs spiraling and lift benchmark mortgage rates to 8%, according to one expert.

EUR/USD at Critical Juncture as Bears Launch All-Out Assault on Major Trendline

EUR/USD remains biased to the upside in the medium term, but the outlook could turn negative if the pair breaks below a key trendline that has been guiding prices higher since September of last year.

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