Japan Just Triggered the $40T US Debt Crisis as Yields Hit 2007 Highs

Japan's 10-year yield just hit a level not seen since 1997, and the smart money is already moving to repatriate capital out of U.S. Treasuries. Meanwhile, the 30-year U.S. yield matches its 2007 peak. There's just one problem: America's debt back then was $8 trillion. Today it's $40 trillion. Same rate. Five times the bill. Interest payments now exceed the entire defense budget (a small detail Washington somehow forgets to mention).

This isn't a U.S. story. The UK, Germany, Italy, France: all flashing red. Central banks aren't waiting. They're hoarding gold at rates Goldman Sachs just revised 70% higher than the official numbers.

So when foreign buyers finally walk away from American debt, where exactly do you think the bill lands?

Taylor Kenney walks through what comes next.

About ITM Trading: ITM Trading has spent nearly 30 years helping clients prepare for monetary resets, inflation, and systemic risk using physical gold and silver. We focus on education, historical context, and strategies designed to protect wealth when trust in the system breaks down.