I was reading the ZH article below and user "K_BX" made the following quote in the comment section:

"Bond markets tell you the story: there is no growth anymore. The pie is distributed & there is nothing to build. Only downside, taxes & debt left."

Someone else responded "spot on". Can someone explain this to me? I know the bond market is the debt market but what is happening there and why does that indicate there is no growth anymore and that taxes and debt are all that's left? I have some understanding of rates and prices being inverse (e.g. if the interest rate goes up from when person 1 purchased a bond, then the value of that bond will drop because person 2 can just buy the bond at the higher interest rate) but I'm not sure if the person's quote has anything to do with that.

https://www.zerohedge.com/markets/me...cards-downfall