# We Haven't Seen This Since 2007...
**Date:** 2026-07-30  
**Source:** [YouTube](https://www.youtube.com/watch?v=DTg4gFvleXQ)

## Main Thesis
The bond market is showing significant stress, with the 30-year bond yield hitting its highest level since 2007, as markets challenge the new Fed chair's dovish stance amid internal dissent for rate hikes, creating a 'fear of the unknown' scenario.

## Charts & Technical Analysis

### 1. US 30-Year Bonds (None)

**Bias:** BEARISH
**Historical Comparison:** Highest level since 2007.

Atkinson states that when the bond market 'freaks out,' we should pay attention. The 30-year bond yield has reached its highest level since 2007. This is happening in response to the new Fed chair's comments and the fact that three members dissented, looking for hikes. This market reaction is described as entering a 'fear of the unknown' phase, where risk is being put on the bonds and the debt system, effectively calling the Fed chair's bluff.

### 2. Nasdaq (None)

**Bias:** BEARISH

Mentioned in the context of the market's 'fear of the unknown', Atkinson notes that the Nasdaq is making new lows, alongside the 30-year bond yield making new highs.

## Regime / Cycle Analysis
The market is entering a 'fear of the unknown' regime, driven by stress in the bond market. This is characterized by the 30-year bond yield hitting a multi-decade high (since 2007) while equities (Nasdaq) make new lows. This dynamic suggests the market is challenging the credibility of the new Fed chair, Kevin Warsh, and pricing in risk related to the overall debt system.

## Key Calls & Predictions
- When the bond market freaks out, we should start paying attention.
- The market is entering a 'fear of the unknown' phase.
- The market is calling the new Fed chair's bluff regarding the state of the markets.
- The 30-year bond yield hitting its highest level since 2007 is a significant market signal.

## All Instruments Mentioned
US 30-Year Bonds, Nasdaq

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*Generated by FX Evolution Monitor on 2026-08-02 02:03:04*