The U.S. Treasury bond, the bedrock of the world's financial system, has been buckling, Notus reported Wednesday. The 10-year Treasury sets the price of mortgages, car loans, credit cards and business borrowing. Analysts broadly agree the risk to small and mid-sized banks jumps sharply if the 10-year tops 5% and the 30-year tops 6% — both "worryingly within reach." Trump abruptly abandoned his "Liberation Day" tariffs last year after the bond market convulsed, admitting people were "getting a little queasy." Now "the bond market has looked more than a little queasy", Notus said.