According to The Kobeissi Letter, the ongoing US debt situation is causing term premiums to soar, reaching a 10+ year high, which reflects significant levels of uncertainty in the market. This indicates that long-term debt investors need higher compensation for increased risk. Additionally, the recurring debt ceiling crises are exacerbating the situation, further impacting market stability.

According to The Kobeissi Letter, the ongoing US debt situation is causing term premiums to soar, reaching a 10+ year high, which signifies elevated uncertainty levels. This scenario requires long-term debt investors to seek higher compensation for increased risks. Furthermore, the recurring debt ceiling crises exacerbate the situation, adding to the uncertainty and affecting trading strategies regarding US debt instruments.