4+ day, 7+ hour ago   (425+ words) Weak economic data is supposed to pull long-term interest rates down. Instead, Treasury yields have been climbing, and Brookings Institution senior fellow Robin Brooks says that reversal is evidence that demand for U.S. government debt is weaker than it looks. That…...

3+ week, 2+ day ago   (316+ words) Bank of America strategist Michael Hartnett has put a number on Scott Bessent’s bond-market problem: 5% on the 30-year Treasury yield. If the Treasury secretary’s expanding buyback program can’t push long rates below that threshold, Hartnett expects pressure to spread beyond…...

3+ week, 2+ day ago   (304+ words) The inflation data are finally giving that argument something tangible. Consumer prices rose 3.4% from a year earlier in July, down from 3.5%, while core inflation slowed to 2.5%, its lowest level since February. Producer-price inflation also came in softer than expected, adding…...