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Last updated: 2026-10-05 02:35:55 ET
Pulse AI Brief
Updated Oct 5, 2026 1:04 AM ET
Treasury Secretary Bessent acknowledged in an Axios interview that he cannot control the Treasury market as yields climbed above 5%, a level not seen in years. Bond traders are signaling skepticism about US fiscal sustainability despite Bessent's insistence that higher borrowing costs do not signal a "fiscal apocalypse."
Rising yields increase refinancing costs on the $34 trillion federal debt, compress equity valuations, and raise mortgage and corporate borrowing rates. The bond market is effectively overruling Treasury messaging on fiscal health.
Persistent high yields suggest investors are pricing in either structural inflation, elevated default risk, or both. If yields remain elevated, debt service costs will consume an increasing share of federal revenues, constraining discretionary spending.
Gold is finding a durable place in some pension-fund portfolios as investors look for protection from inflation, market shocks and the weakening diver...
The Federal Reserve’s minutes for its September meeting are due Wednesday and will mark the highlight of the coming week.
Rolling coverage of the latest economic and financial newsUK diesel price hits record high of £2 a litreCore inflation in the eurozone also inched up...
Christopher Wood, of Jefferies, said Group of Seven bonds have entered a ‘structural bear market’ since March 2020.
Martin Lewis says though they are the UK's most popular form of savings, not everybody benefits from them. Martin explains who premium bonds are bes...
Gold’s growing role as a monetary alternative to government bonds and the U.S. dollar could mark a structural shift rather than another cyclical bul...
September has been a brutal month for the bond market. If history is any guide, October might be even worse.
With U.S. Treasury yields on the rise, financial planners say they’re seeing a growing interest in bonds, especially among investors looking to secu...
A prominent economist doesn’t fear artificial intelligence, but fully embraces it in portfolios. He feels far differently about government debt.
Bonds sell off as the 10-year yield hits a 2002 high, plus Micron, Nike and Gemini 4 | The 8:30
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