Europe is a lot more diversified than the US (subtract the whole AI / internet tech sector and US treasure bonds and you get a lot less volume than Europe) and

Europe is a lot more diversified than the US (subtract the whole AI / internet tech sector and US treasure bonds and you get a lot less volume than Europe) and spends more in social security which is good for the economy as a whole. The US has inflated numbers through soft power influence throughout the whole world but that makes its current course only more self-destructive including bond yields when they come crashing down.