Bond-market repricing: yields spike on oil-driven inflation, fiscal/debt stress, weak auctions and yield curve warnings

Yields4.36-4.5%+5bps oil war +35bps Mar/Treas fall/3yr auc weak +1.1bps tail bid2.55x/Japan30Y auc weak3.12 low since'25/$36-48T debt now $39T rec/124%GDP/CBO$14.5T def/Treas FY25$6T aucs mixed/JGB3.76%/BOJ repat/yen unwind/China dumps/Dimon CC delinqs/debt ceiling/IMf warns/JPM/BofA earn slash PTs. Personal danger: infl/bond/Treas/borrow/yield traps/bank runs/retirement/pension/muni/wealth/deposits/sentiment/CC freeze/delinqs/cash drag.