What’s Pushing Long-Term Bond Yields Higher?

A confluence of rising sovereign debt, surging AI-related corporate bond issuance, and inflation concerns has lifted 30-year yields in the U.S. and elsewhere to two-decade highs.  On the heels of their very popular July episode – Old-Fashioned Bond Math for a New-Fashioned Fed – Marc Seidner and Pramol Dhawan join host Greg Hall to discuss.

Show notes: 

(3:37) Rising rates are a global term-premium story 

(4:46) Treasury's response 

(7:15) What actually drove the move higher in rates

(11:56) AI issuance and "indigestion" 

(14:49) The 30-year is not the 10-year 

(19:07) Mixed data and Jackson Hole 

If you enjoyed episode, read the piece behind today's conversation:

What’s Pushing Long-Term Bond Yields Higher?

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