Generating Shock Waves in Balance Sheets

Gyrating interest rates induce a destructive “emf” in balance sheet circuitry.

Graph of 10YR US Treasury yields rising 100% in 4 months.

Think: Faraday’s Law of Induction. (Take it from Mr. Maxwell’s Equations himself.)

Equation for Faraday's law of induction

(Oh God, I just know there’s going to be resistance.)

Here, for the less myopic:
Long term chart of 10YR US Treasury Bond yields, by Max Photon (2013)
The Wrecker’s Ball of Swinging Interest Rates, by Antal E. Fekete (2002)