Lark Davis|Aug 20, 2026 07:24
Bond markets had a moment this week. 30-yr yield jumped to a 19-year high on Tuesday, mix of war fears and the US debt hitting $40T.
So the Treasury stepped in and doubled its bond buybacks to calm things down. Seemed to work, yield came back down to 5.18%.
Still doesn't solve the actual debt problem though. Just kicks the can a bit further.(Lark Davis)
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