The 4.7% Alarm: Why America’s Debt Just Became the Only Chart That Matters [5xyCKiNe8pV]

The US 10-Year Treasury yield is knocking on 4.7% — and the world’s biggest buyers are walking away. Japan ($1.2T) is selling to defend a yen at 163. The UK and Europe ($900B) are drained. The Gulf windfall never showed up. That leaves exactly two levers: the Fed’s $4T balance sheet, and China’s $3.3T in reserves. Neither comes free. In this episode, Alex maps who actually holds leverage over America’s debt — and why the chip supply chain, from TSMC’s fabs to the AI stack, is now part of the bargaining table. This is not fear. It’s a map. Watch the debt, not the stocks. ⏱ Chapters below. Data sources: FRED (DGS10), US Treasury TIC Table 5, Fed SOMA, SAFE. Educational content only. Not financial advice.