{"id":3295,"date":"2026-09-01T18:14:20","date_gmt":"2026-09-01T18:14:20","guid":{"rendered":"https:\/\/modernhomejournals.com\/?p=3295"},"modified":"2026-09-01T18:14:20","modified_gmt":"2026-09-01T18:14:20","slug":"bessent-downplays-the-bond-markets-latest-swing-its-not-dire","status":"publish","type":"post","link":"https:\/\/modernhomejournals.com\/?p=3295","title":{"rendered":"Bessent Downplays the Bond Market\u2019s Latest Swing: It\u2019s Not \u2018Dire\u2019"},"content":{"rendered":"
\n
\n<\/div>\n
\n

The Trump administration is struggling to assuage investors\u2019 concerns over the U.S. economy.<\/p>

Read more U.S. Job Openings Rose Slightly in July<\/a><\/p>

The 10-year U.S. Treasury bond yield hit 4.798% on Tuesday morning, the highest rate for investors\u2019 returns on the government debt in 20 months. The bond market\u2019s new highs cap a summer of volatility for yields that have been climbing since the United States began attacking Iran in February. The stakes are high for the U.S. economy: High bond yields mean higher borrowing costs for mortgages, auto loans and consumer credit.<\/p>\n

Yields have worsened as investors brace for potential interest rate hikes this month and face uncertainty around President Donald Trump\u2019s inflation-stoking foreign policy and the country\u2019s ballooning debt, economists say.<\/p>

\u201cBond yields will keep rising if our fiscal health and inflation concerns aren\u2019t fixed,\u201d Jai Kedia, a research fellow at the libertarian Cato Institute, wrote in a text to NOTUS. \u201cIf the administration is serious about lowering borrowing costs, it should reverse course on its own bad policies like tariffs and conflict in the Middle East, along with getting government spending back on track.\u201d<\/p>\n

\n
\n

\nTrending<\/span>\n<\/h2>\n<\/div>\n
\n
\n