Dumb Money Price

Not since 2006 have yields on the longest-maturity Treasuries been this high for this long, with a gaping budget deficit, another wave of corporate issuance, and a potentially decisive Federal Reserve meeting expected to keep investors wary.

SoSo Macro | Bessent Signals BOJ Could Raise Rates in September; 10-Year Treasury Yield Hits Near Two-Year High

Gold edges lower below $4,450 as Middle East tensions add inflation pressure

Report: Bessent informs Japanese officials of the need for interest rate hikes.