(https://www.marketwatch.com/story/a-war-weary-treasury-market-faces-a-fresh-test-with-fridays-jobs-report-73789d8a) is the canary nobody's watching. Investors demanding higher compensation to lend to the U.S. government doesn't sound like a consumer story, but it is — it signals underlying inflation pressure that margin-defense playbooks in staples can't handle. The K-shaped squeeze I've been tracking for weeks just got a structural tail wind.