What happens at 5%? Other than the psychological impact?

Wars can stay irrational longer than bonds can stay above 5%

Are you sure? IDK. Can the US really leave the region now, and allow Russian and China influence to fill the vacuum, putting Allies there at increased risk? I think it was Colin Powell who warned ahead of the Iraqi War, "you break it, you own it." [paraphrasing] Trump owns this, full stop -- with al...