30-Year Treasury Near 5.3%: Bessent Doubles Buybacks Sep 9
The US 30-year yield closed at 5.28% on Sept. 1, its worst September start since 2006. Treasury doubles long-end buybacks to $4B.
Inflation
Warsh at Jackson Hole: 10-Year Jumps to 4.67% on Hawkish Turn
Chairman Warsh called inflation the Fed’s ‘predominant focus’ at Jackson Hole 2026, pushing the 10-year Treasury yield to 4.67% and shrinking near-term rate-cut bets.
PCE vs CPI: Which Inflation Number the Fed Actually Watches
The Fed targets PCE, not CPI. Here is what each measures, why they diverge, and what the July 2026 readings tell you before Jackson Hole.
July CPI Cools to 3.4%: Stocks Shrug, Fed Cut Path Clears
July 2026 CPI came in at 3.4% headline and 2.5% core, matching forecasts. Stocks nudged higher, yields dipped, and the September FOMC cut looks live.
Apple Falls 7% as Cook Warns of Memory Chip ‘100-Year Flood’
Apple stock slid 7.35% Friday after CEO Tim Cook called soaring memory chip prices a ‘100-year flood.’ Nvidia reclaimed the most-valuable-company crown.
Warsh’s Second FOMC: Bonds Brace as Inflation Runs Hot
Kevin Warsh’s second FOMC meeting begins today with the fed funds rate at 3.50-3.75% and PCE at 4.1%. Here is what bond investors are watching.
May PCE Hits 4.1%, Highest Since 2023; Hike Odds Jump to 68%
Headline PCE jumped to 4.1% YoY in May, core to 3.4%. September rate-hike odds surged to ~68% from 29% a week ago as Treasury yields wobbled.
The Yield Curve Explained: Shape, Inversion, and What It Signals
What the Treasury yield curve is, why its shape matters, how inversions have historically preceded U.S. recessions, and how to read it.
30-Year Treasury Auction Clears at 4.84% as Demand Returns
Treasury sold $22B of 30-year bonds at 4.844% Thursday with a 2.43 bid-to-cover — average demand, a quiet rebound from May’s first-above-5% scare.
CAPE Ratio Explained: When Stocks Are Truly Expensive
Shiller PE sits near 41, second only to the 1999 peak. What CAPE measures, when it works, when it misleads, with verified historical data.