Chart: It Hasn’t Been This Bad in 100 Years

In just over 24 hours last week, US Treasury secretary Janet Yellen's financial markets are operating in a fine line, changed to concern about the loss of adequate liquidity in the US Treasury market.

Many believe this is a forewarning that the fiat Federal Reserve and US Treasury will begin bailing out the largest bond market in the world with another seemingly infinite QE cycle to come soon.

The interest rates on USA IOUs have been screaming higher, yet in real terms, they have been some of the most significant losing investments this year. The yields across the curve have yet to even hit the underreported core PCE price inflation rate.