10-Year & 30-Year Treasury Yields Jump, Yield Curve Steepens, Mortgage Rates Jump too, as Inflation Fears Move to the Top by Wolf Richter • Mar 7, 2026 • 69 Comments The bond market flipped from haven trade to inflation trade.
10-Year US Treasury Yield Flipflops, Spikes by 14 Basis Points to 4.07%, after Plunging to 3.93%, amid Massive Volatility by Wolf Richter • Mar 2, 2026 • 61 Comments It undid more than the entire haven trade that had started on Thursday and blew through the hot PPI inflation on Friday.
US Treasury Debt-to-GDP Ratio Rises to 122% in Q4, Highest since Covid Spike by Wolf Richter • Feb 21, 2026 • 171 Comments The ugly debt monster grew faster than current-dollar GDP.
Supreme Court Strikes Down IEEPA-Based Tariffs, Doesn’t Rule on Refunds (“Likely to be a ‘Mess’”) by Wolf Richter • Feb 20, 2026 • 83 Comments Markets not surprised. 10-year Treasury yield rises modestly.
US Government Sold $701 Billion of Treasury Securities this Week. As Deficits Balloon, Bond Math Is Relentlessly Brutal by Wolf Richter • Feb 14, 2026 • 115 Comments Sold $54B of 10-Year Treasury notes at 4.18% to replace $25B of maturing 1.73% 10-year notes, pushing up amount outstanding by $29B.
US Government Sold $766 Billion of Treasuries this Week. Yield Curve Steepened as 30-Year Treasury Yield Rose to 4.87% by Wolf Richter • Jan 31, 2026 • 117 Comments The spread between the 2-year and 10-year Treasury yields now the widest since January 2022.
US Government Struggles to Keep a Lid on 10-Year Treasury Yield and Mortgage Rates by Wolf Richter • Jan 25, 2026 • 108 Comments The “rate check” on Friday to put a floor under the yen was the latest step.
US Government Sold $654 Billion of Treasuries this Week, 10-Year Yield Spikes to 4.24%, Highest since Sep 2, despite 3 Rate Cuts by Wolf Richter • Jan 17, 2026 • 113 Comments The new supply: $138 billion of new 10-year Treasury notes replaced $66 billion of matured 10-year Treasury notes.
Status of the US Dollar as Global Reserve Currency: USD Share Drops to Lowest since 1994 by Wolf Richter • Dec 26, 2025 • 156 Comments Central Banks diversify their holdings into dozens of smaller “non-traditional reserve currencies.”
US Government Interest Payments to Tax Receipts, Average Interest Rate on the Debt, and Debt-to-GDP Ratio in Q3 2025 by Wolf Richter • Dec 24, 2025 • 102 Comments Update on a slightly less ugly situation.