US 30-Year Yield Hits Highest Since 2007 as Selloff Deepens

kept by eddie may 19

The US 30-year Treasury yield surged to 5.20%, its highest since 2007, driven by inflation fears from the Iran war and mounting deficits.

Global Economy Is Facing the Prospect of Another Profound Shock - The New York Times
The article argues that a prolonged Middle East conflict risks a surge in energy costs and renewed global inflation, creating a profound economic shock.
also on #energy-prices, #inflation, #economy
Machine Learning Can’t Pick Winning Funds. But It Can Help You Avoid Losers
A replication study finds that machine learning cannot identify outperforming mutual funds, but can help avoid underperformers.
also on Morningstar
One Million New-Car Buyers Are Gone and They’re Not Coming Back Soon - WSJ
The U.S. new-car market has lost about one million buyers since 2020, as automakers plan for stagnant or shrinking sales due to high prices and inflation.
also on #inflation
See Who Owns The 39 Trillion U S Debt In 2026 From Domestic And Foreign Holders To The Fed And Mutual And Pension Funds
As of March 2026, U.S. debt totals $39 trillion, with domestic investors holding $17.7 trillion and foreign holders $9.3 trillion.
also on Federal Reserve, #economy, #us-government
Statement from Jerome Powell
Federal Reserve Chair Jerome Powell says DOJ subpoenas threatening criminal indictment are a pretext to pressure the Fed into setting interest rates based on presidential preferences rather than economic evidence.
also on Federal Reserve, #economy, #us-government