by Mish Shedlock, Mish Talk:
That’s the highest in 19 years and 22 years respectively.
Today, long-term yields hit the highest levels in decades.
Chart yields are from a bit earlier today, with yields now slightly lower.
The 10-year is 4.991 percent as I type with the 30-year long bond at 5.361 percent.
TRUTH LIVES on at https://sgtreport.tv/
Mish on Zandi Yesterday
God forbid we raise rates and have a nasty recession.
Why is everyone so scared of it? Zandi’s solution is to put your head in the sand and kick the can again.
Sorry Mark, maybe we need high unemployment and a nasty recession to start fixing this. https://t.co/a2dLq09Q16
— QE Infinity (@StealthQE4) September 15, 2026
Bianco on Zandi Today
1/5
I have the opposite conclusion.
Fed cutting has been a two-year policy error that (hopefully) ends tomorrow with a hike (91% prob now).
This chart shows that since the Fed started cutting rates on Sept. 18, 2024, the 10-year yield is UP 1.30%@AnnaEconomist @fundstrat https://t.co/naZPLGTdc7 pic.twitter.com/kMw10hu9pk
— Jim Bianco (@biancoresearch) September 15, 2026
