For the first time in over a century, the 10-year U.S. Treasury bond has descended to its lowest point in recorded market history — a decline born not of sudden crisis, but of accumulated fiscal imbalance and years of reckless sovereign borrowing. Yet in the strange alchemy of markets, ruin and opportunity often share the same address: major institutions are now calling this a generational moment to buy, as yields rise to levels that make bonds genuinely attractive again after decades of near-zero returns. The Federal Reserve watches without intervening, suggesting that high yields may no long