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Bond yields owe a debt to presidential politics

Jul 3, 2024
Yields on the 10-year Treasury note rose after the recent debate on the idea that a Trump election win could boost inflation.
A Republican administration's policies might add to inflation and government debt, said David Kelly of J.P. Morgan Asset Management. But Democrats spend a lot too.
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Ten-year bond yields theoretically signal the levels of interest rates years into the future.
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Why are bond yields so high right now?

Oct 23, 2023
The yield on the 10-year Treasury briefly hit 5%, the highest level since 2007. A resilient economy and expanding debt are pushing rates up.
For a while, bond markets expected a weaker economy and possible rate cuts by the Federal Reserve in 2024.
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Climbing 10-year Treasury yield signals costlier future for buying, borrowing

Aug 18, 2023
If the Federal Reserve needs to keep interest rates higher to continue battling inflation, 10-year yields will have to compete.
The Treasury Department is issuing a lot of bonds to pay for recent government spending. Above, a statue of Alexander Hamilton outside the agency's offices.
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Interest rates on U.S. bonds are economic crystal balls — if you know how to read them

Feb 22, 2023
The markets that set the yield on bonds are trying to predict the economic future.
Yields for government debt like Treasury notes are set by where the market thinks the economy is headed.
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