Chip Rout Finally Does What Scott Bessent’s Buybacks Couldn’t: Pulls Treasury Yields Back From 24-Year High
Treasury yields pulled back from multi-decade highs Thursday, with a chip rout sending investors into bonds and easing months of pressure.
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Rep. Thomas Massie says all government spending is paid for by citizens, while the U.S. deficit is projected to hit 6.1% of GDP in 2027.
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Treasury yields pulled back from multi-decade highs Thursday, with a chip rout sending investors into bonds and easing months of pressure.
Nassim Taleb pushed back on Scott Bessent’s inflation claims, arguing the oil shock, deficit, and borrowing costs point to more pressure.
AI bubble worries lifted the iShares 20+ Year Treasury Bond ETF 2.55% this week, its best week since April 2025, despite hot inflation data.
Ray Dalio warns US debt faces a 'death spiral' as Treasury supply overwhelms demand, spiking bond yields despite $6B in government buybacks.
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The article ranks the four largest U.S. money-center banks. JPMorgan Chase is rated best for long-term consistency with industry-leading returns and premium valuation. Citigroup shows the most near-term upside potential following its successful turnaround strategy. Bank of America faces headwinds from low-yielding bond holdings but benefits from stable deposits. Wells Fargo, while solid, has already seen significant near-term gains and trades at full valuation.