At 2.95% the yield on 10-year treasuries is the highest since July of 2011. That is not quite 7 years ago. But if yields go back to where they were in April 2010, just over 8 years ago, they will hit 4%. If me made it this far what's to stop the trend from continuing?

At 2.95% the yield on 10-year treasuries is the highest since July of 2011. That is not quite 7 years ago. But if yields go back to where they were in April 2010, just over 8 years ago, they will hit 4%. If me made it this far what's to stop the trend from continuing?

— Peter Schiff (@PeterSchiff) February 21, 2018