May 22, 2025 at 11:13 AM
The bond yield story just keeps getting starker.
September 29, 2026 at 4:16 PM
The bond yield story just keeps getting starker.
“.. The 30y Treasury yield rose by 32 basis points in July - its largest monthly gain since December 2024.”
- Schwab
- Schwab
August 3, 2026 at 2:28 PM
“.. The 30y Treasury yield rose by 32 basis points in July - its largest monthly gain since December 2024.”
- Schwab
- Schwab
*TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.19%
July 29, 2026 at 7:25 PM
*TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.19%
“.. The 10y Treasury yield has risen by 43 basis points over the past four days ... that's the largest jump since June 2022 and one of the largest going back to 2000.”
- Kevin Gordon
- Kevin Gordon
April 10, 2025 at 10:14 PM
“.. The 10y Treasury yield has risen by 43 basis points over the past four days ... that's the largest jump since June 2022 and one of the largest going back to 2000.”
- Kevin Gordon
- Kevin Gordon
YIELD ON 10-YEAR TREASURY NOTE HITS 4.607%, HIGHEST SINCE FEB 13; LAST UP 10.2 BASIS POINTS AT 4.583%
May 21, 2025 at 5:39 PM
YIELD ON 10-YEAR TREASURY NOTE HITS 4.607%, HIGHEST SINCE FEB 13; LAST UP 10.2 BASIS POINTS AT 4.583%
2s down 6 bps, 5s flat, 10s up 5 bps and 30000mg
*TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.19%
*TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.19%
July 29, 2026 at 7:25 PM
2s down 6 bps, 5s flat, 10s up 5 bps and 30000mg
*TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.19%
*TREASURY 30-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 5.19%
HIMES: You spent $10b to try to lower the yield on the 10 year bond. When you started, it was 4.8%. Today it's at a 20 year high of 5.04%. A 20 basis point rise. Was your intervention successful?
BESSENT: Yes
H: Wait- it went up by 20 points!
B: There's a counterfactual of what would it have done
BESSENT: Yes
H: Wait- it went up by 20 points!
B: There's a counterfactual of what would it have done
September 15, 2026 at 4:13 PM
HIMES: You spent $10b to try to lower the yield on the 10 year bond. When you started, it was 4.8%. Today it's at a 20 year high of 5.04%. A 20 basis point rise. Was your intervention successful?
BESSENT: Yes
H: Wait- it went up by 20 points!
B: There's a counterfactual of what would it have done
BESSENT: Yes
H: Wait- it went up by 20 points!
B: There's a counterfactual of what would it have done
US 10-YEAR TREASURY YIELD INCREASES BY 10 BASIS POINTS TO 5.27%.
September 28, 2026 at 2:59 PM
US 10-YEAR TREASURY YIELD INCREASES BY 10 BASIS POINTS TO 5.27%.
Huh - on a tax-equivalent yield basis US munis yield more than EM corporate bonds. am.jpmorgan.com/us/en/asset-...
December 22, 2025 at 9:53 AM
Huh - on a tax-equivalent yield basis US munis yield more than EM corporate bonds. am.jpmorgan.com/us/en/asset-...
UK 10 year Gilt yield down another 5 basis points today - currently trading at 4.48%
Now within 8 basis points of the level on 30 October 2024 when Rachel Reeves held her Budget 👇
Now within 8 basis points of the level on 30 October 2024 when Rachel Reeves held her Budget 👇
February 3, 2025 at 9:03 PM
UK 10 year Gilt yield down another 5 basis points today - currently trading at 4.48%
Now within 8 basis points of the level on 30 October 2024 when Rachel Reeves held her Budget 👇
Now within 8 basis points of the level on 30 October 2024 when Rachel Reeves held her Budget 👇
This ok? Or more important the NZ Govt bond yield is a fraction of a basis point lower than it otherwise would be? That's the choice.
Lack of funding is main reason 60 percent of calls not answered, Lifeline says
Lack of funding is main reason 60 percent of calls not answered, Lifeline says
Crisis support service Lifeline says a lack of funding is why it's responding to less than half of mental health teleservice calls a year.
www.rnz.co.nz
September 9, 2026 at 10:23 PM
This ok? Or more important the NZ Govt bond yield is a fraction of a basis point lower than it otherwise would be? That's the choice.
Yes and no. Seems we avoided the cascading failures of a collapse of the basis trade and so forth.
But the only concrete part of Trump's plan was "lower the yield on 10-year Treasury bonds." Instead it jumped up and hasn't retreated much, even with below-expected CPI inflation data.
But the only concrete part of Trump's plan was "lower the yield on 10-year Treasury bonds." Instead it jumped up and hasn't retreated much, even with below-expected CPI inflation data.
April 10, 2025 at 3:32 PM
Yes and no. Seems we avoided the cascading failures of a collapse of the basis trade and so forth.
But the only concrete part of Trump's plan was "lower the yield on 10-year Treasury bonds." Instead it jumped up and hasn't retreated much, even with below-expected CPI inflation data.
But the only concrete part of Trump's plan was "lower the yield on 10-year Treasury bonds." Instead it jumped up and hasn't retreated much, even with below-expected CPI inflation data.
The 10 year Treasury yield has shot up to 4.45% and the 30-year is close to 5%. Here’s my attempt from yesterday to explain why even the biggest and safest bond market now seems to be creaking. TLDR: the liquidation of massively leveraged hedge fund trades. on.ft.com/3R748hN
The Treasury basis trade rears its head again
[FREE TO READ] Bills and bonds and Treasury basis trades, oh my!
on.ft.com
April 9, 2025 at 5:56 AM
The 10 year Treasury yield has shot up to 4.45% and the 30-year is close to 5%. Here’s my attempt from yesterday to explain why even the biggest and safest bond market now seems to be creaking. TLDR: the liquidation of massively leveraged hedge fund trades. on.ft.com/3R748hN
All for the sake of a smidgen of a skerrick of a basis point lower in the Government bond yield and (maybe) mortgage rates.
If you care about governments being held accountable, then you need to know about disastrous cuts being planned for Archives NZ and the National Library.
These cuts don't just make it much harder to do history. They undermine the institutions at the heart of our democracy.
These cuts don't just make it much harder to do history. They undermine the institutions at the heart of our democracy.
Newsroom talked to PHANZA President Matthew Woodbury about further cuts at the National Library and Archives NZ.
He says "It’s only when one zooms out that you can see the effect of all of these cuts. These institutions ... are critical cultural infrastructure."
newsroom.co.nz/2026/09/07/g...
He says "It’s only when one zooms out that you can see the effect of all of these cuts. These institutions ... are critical cultural infrastructure."
newsroom.co.nz/2026/09/07/g...
September 10, 2026 at 9:47 PM
All for the sake of a smidgen of a skerrick of a basis point lower in the Government bond yield and (maybe) mortgage rates.
NEW: "The benchmark 10-year Treasury note yield
popped 7 basis points to 5.058%, a level not seen since July 2007." Reminder: 2007 was Great Recession. We are the band on the Titanic. But corporate media fears fears criticizing the economy or Trump will ban them.
popped 7 basis points to 5.058%, a level not seen since July 2007." Reminder: 2007 was Great Recession. We are the band on the Titanic. But corporate media fears fears criticizing the economy or Trump will ban them.
September 23, 2026 at 3:19 PM
NEW: "The benchmark 10-year Treasury note yield
popped 7 basis points to 5.058%, a level not seen since July 2007." Reminder: 2007 was Great Recession. We are the band on the Titanic. But corporate media fears fears criticizing the economy or Trump will ban them.
popped 7 basis points to 5.058%, a level not seen since July 2007." Reminder: 2007 was Great Recession. We are the band on the Titanic. But corporate media fears fears criticizing the economy or Trump will ban them.
Horrific day for credit.
April 3, 2025 at 11:41 PM
Horrific day for credit.
Here’s a neat trick for those wishing to track high yield spreads on StockCharts. Because HYGH hedges HYG’s Treasury risk, plotting it inversely on a price-only basis (using -_HYGH) closely matches BofA’s high yield OAS index.
September 26, 2026 at 2:42 PM
Here’s a neat trick for those wishing to track high yield spreads on StockCharts. Because HYGH hedges HYG’s Treasury risk, plotting it inversely on a price-only basis (using -_HYGH) closely matches BofA’s high yield OAS index.
US 10-YEAR YIELD INCREASES 7 BASIS POINTS TO 5.23%, HIGHEST LEVEL SINCE 2007.
September 28, 2026 at 9:09 AM
US 10-YEAR YIELD INCREASES 7 BASIS POINTS TO 5.23%, HIGHEST LEVEL SINCE 2007.
Per this Bloomberg chart, the US bond yield rollercoaster continued today with an 11 basis drop in the 10-year. This was accompanied by 0.6-1.1% gains in the major US stock market indices.
The appreciated return of relative market calm hides a division of views on yields — between those ..:
1 of 2
The appreciated return of relative market calm hides a division of views on yields — between those ..:
1 of 2
April 14, 2025 at 8:14 PM
Per this Bloomberg chart, the US bond yield rollercoaster continued today with an 11 basis drop in the 10-year. This was accompanied by 0.6-1.1% gains in the major US stock market indices.
The appreciated return of relative market calm hides a division of views on yields — between those ..:
1 of 2
The appreciated return of relative market calm hides a division of views on yields — between those ..:
1 of 2
10-year JGB yield advances 1.0 basis point to 3.095%
September 30, 2026 at 12:47 AM
10-year JGB yield advances 1.0 basis point to 3.095%
5-year JGB yield climbs 3.5 basis points to 2.410%
September 25, 2026 at 5:23 AM
5-year JGB yield climbs 3.5 basis points to 2.410%
FEDWATCH calls it the “Warsh Steepener”
“.. Friday may be a day of further capitulation at the long end because, while Warsh confronts inflation, he must deliver his first speech with the view that rates will [ultimately] be lower. As we speak, the 30Y yield is 155 basis points above the Fed Funds”
“.. Friday may be a day of further capitulation at the long end because, while Warsh confronts inflation, he must deliver his first speech with the view that rates will [ultimately] be lower. As we speak, the 30Y yield is 155 basis points above the Fed Funds”
May 20, 2026 at 1:09 AM
FEDWATCH calls it the “Warsh Steepener”
“.. Friday may be a day of further capitulation at the long end because, while Warsh confronts inflation, he must deliver his first speech with the view that rates will [ultimately] be lower. As we speak, the 30Y yield is 155 basis points above the Fed Funds”
“.. Friday may be a day of further capitulation at the long end because, while Warsh confronts inflation, he must deliver his first speech with the view that rates will [ultimately] be lower. As we speak, the 30Y yield is 155 basis points above the Fed Funds”
If Treasury Secretary Scott Bessent had just taken the week off, would anyone have noticed?
August 21, 2026 at 8:53 PM
If Treasury Secretary Scott Bessent had just taken the week off, would anyone have noticed?