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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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What do these high Treasury yields mean for the economy?

Oct 3, 2023
The yield on the 10-year Treasury note reached a 16-year high Tuesday. That benchmark rate lifts interest rates on other loans.
The Federal Reserve's interest rate policy is only part of the equation. Supply and demand for loans also influences yields.
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An inverted yield curve usually signals recession. Is it wrong this time?

Sep 7, 2023
For well over a year, the interest paid by long-term Treasury bonds has been lower than that of shorter-term debt. But a recession hasn't happened yet.
When the yield curve inverts, it indicates that bond investors are betting on a coming recession.
Angela Weiss/AFP via Getty Images

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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