Pars Today — Iran’s Majlis (parliamnet) Speaker, reacting to the record-breaking interest rate on US bonds, wrote: The staggering financing of a failed host playing the role of a war minister is nothing but a trace of a financial crisis and nothing else.
According to Pars Today, quoting IRNA, Mohammad Bagher Ghalibaf, Iran’s Majlis Speaker, wrote on the social network X (formerly Twitter) in reference to the unprecedented rise in US bond interest rates: You are financing Hegseth, a failed TV host, at rates unheard of since 2007, so that he can play the role of the Secretary of War in our backyard in the Strait of Hormuz.
Ghalibaf further emphasized: ‘You know what’s crazier than a $39 trillion in debt? Paying a pre-GFC premium to fund a LARP and all you’ll get is brand new GFC.’
In recent days, the yield on 30-year US Treasury bonds has exceeded 5%, a rate unseen since 2007 — the year before the global financial crisis.
An increase in bond interest rates means rising inflationary expectations, higher interest rates, increased borrowing costs, and ultimately, the financial burden of funding a war with Iran being placed on the American people. A war that began with the goal of forcing Iran into submission is now putting pressure on the US economy.
Source link
