The global bond market is SCREAMING that inflation is coming back… but the rest of the financial system is ignoring this warning.
By quick way of review… the Fed has rates at 3.5%, but the yield on the 2-year U.S. Treasury which the Fed typically follows is over 4%. This suggests that the Fed WON’T be cutting rates again in 2026 and that in fact, we can expect some rate hikes in the next 24 months.
This is an EXTREMELY bullish chart. If this were a stock, you’d call this a major breakout. However, this is a bond yield, which means higher inflation is incoming.
It’s critical to note that this is a global phenomenon, not confined to just the U.S. The yield on the 2-Year UK Government bond is also breaking out to the upside…
And the yield on the 2-Year Japanese Government bond has gone absolutely parabolic.
Put simply, the global bond market is SCREAMING that inflation is on the rise globally. Some asset classes will do great in this environment… others will get obliterated.
On that note, we just published a Special Investment Report concerning FIVE secret investments you can use profit from the next major bull run in precious metals miners.
The report is titled Survive the Inflationary Storm. And it explains my top precious metals plays, including their names, their symbols, and the resources they own. These are HIGH OCTANE positions that rallied 75%, 140%, 150%, 180%, 280% and an incredible 574% in 2025! And I wouldn’t be surprised to see them repeat this performance in 2026.
Normally I’d charge $499 for this report as a standalone item, but in light of what is unfolding today, we are making just 100 copies available to the public.
To grab one of the last remaining copies…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research


