Interest Rate on 30-Year Bonds Hit 20-Year High, and It’s Not Inflation
Why now
Thesis: Long-end yields driven by supply, not inflation
Catalyst to watch: Fiscal issuance or Fed balance sheet
Main risk: Fiscal deterioration worsens yields
Why it matters
30-year yields at 20-year highs attributed to non-inflation factors suggests term-premium and fiscal supply pressure.
Related assets & topics
InflationTreasury BondsSources
- googlenews · news.google.com · 2026-09-25 15:33 UTC