JD Vance has expressed concerns about a potential ‘death spiral’ in the US bond market. This term refers to a situation where rising interest rates lead to a decrease in bond prices, which in turn causes more investors to sell their bonds, further driving down prices. Vance’s worries stem from the possibility of this downward spiral negatively impacting the overall stability of the bond market. It is important to monitor this situation closely to understand its potential implications on the broader financial landscape.