After Treasury Secretary Scott Bessent surprised dealers with his willingness to intervene in the bond market to drive down yields in recent months, Wall Street is now girding for the biggest revamp in guidance for US Treasuries issuance since early 2024.

After Treasury Secretary Scott Bessent surprised dealers with his willingness to intervene in the bond market to drive down yields in recent months, Wall Street is now girding for the biggest revamp in guidance for US Treasuries issuance since early 2024.

Investors are worried that Federal Reserve Chairman Kevin Warsh’s plan to reduce the number of interest-rate decisions each year could be a recipe for more volatility in the $32 trillion Treasury market.

As investors flee Brazil following Luiz Inácio Lula da Silva’s surprise re-election, Rajiv Jain is preparing to do what he has done before: buy into the panic.

Bond investors are growing skeptical that the potential return of gridlock on Capitol Hill will ease their worries about the US fiscal trajectory the way it has for decades.

Markets have become so invested in the artificial intelligence trade that there is very little room for error if the massive spending doesn’t pay off, according to Citadel Securities.

Early on Oct. 14, just hours before the release of a much-anticipated report on US inflation, TD Securities’ Gennadiy Goldberg recommended that clients bet against a Federal Reserve interest-rate hike later in the month. The logic was that inflation would likely be benign enough to justify a hold. Equally important, a slew of Fed officials had spent days pushing back against expectations for an imminent move.

DoubleLine Capital’s Jeff Sherman said he remains bearish on long-term Treasuries, arguing that heavy government borrowing and weakening demand will continue to pressure the market.

The US midterm election is less than a month away, and Wall Street is bracing for stocks to fall if Democrats regain control of both houses of Congress. Voters appear likely to hand the party a majority in at least the House of Representatives. The outlook for the Senate is far less certain, though Democratic candidates have a polling edge in key races. With control of even one chamber, the party would gain majorities on committees that can propose legislation and hold hearings — including on to

US Treasuries are showing tentative signs of reclaiming their traditional role as a haven — threatening to wrong-foot investors who are heavily positioned for this year’s bond slump to deepen.

Foreign holdings of US Treasuries rose in August from the lowest level since October 2025, led by increases in the stockpiles of Canada and Belgium.

Like many on Wall Street, DoubleLine’s Vitaliy Liberman has made a habit out of keeping tabs on foreign ownership of US debt securities, looking for signs of any broad-based pullback in retaliation for Donald Trump’s zero-sum trade policies. Month after month, he noticed something peculiar.

September’s hot inflation data lit up expectations that the Federal Reserve may raise interest rates this month, a prospect that appeared unlikely after policymakers in recent weeks signaled they had time to wait.

Billionaire investor Ray Dalio is warning that the US bond selloff is far from over as surging government and corporate borrowing collides with weakening demand from some of the world’s biggest traditional buyers.

BlackRock Inc.’s research unit has turned more bullish US Treasuries, unwinding a “mainstay” underweight stance for most of the past six years, as yields climbed to the highest levels in more than two decades.

Twenty-five years to the month since the US Treasury shocked investors by ending sales of the 30-year bond, the Treasuries market is debating whether 20-year securities are now set for the chopping block.

Morgan Stanley Investment Management’s Vishal Khanduja, a top-performing bond investor, is turning bullish on US debt for the first time in a decade, with yields at two-decade highs serving as a check on economic growth.

US Treasuries were ending the day mixed after a strong auction of 10-year notes signaled that yields at multi-decade highs were fueling investor appetite.

US bond yields fell from their highest levels since 2002 as oil prices stabilized and Treasury Secretary Scott Bessent insisted the government’s debt load can be tamed.

The Treasury selloff that sent yields to multi-decade highs reflects stronger US growth and competition for capital rather than rising inflation concerns, according to Citadel Securities.