The safest asset in the world just delivered one of its worst decades ever

by

The current decline in US bonds is unprecedented: 15+ year Treasuries have returned -2% per year on average over the last 10 years, their worst performance in history
byu/RobertBartus inEconomyCharts

10-year Treasury yield approaches 5%

https://www.reuters.com/business/five-spots-watch-bond-market-creeps-up-5-2026-09-08/

Higher government borrowing, inflation and geopolitical pressure are keeping long-term yields elevated.

Long-term Treasuries suffer worst returns in more than 100 years

https://www.reuters.com/commentary/reuters-open-interest/unloved-unbroken-us-bond-market-is-working-it-should-2026-09-08/

Reuters says long-term Treasury returns over the past decade are historically poor, even though the bond market remains functional.

Higher yields could add another $2 trillion to interest costs

https://www.crfb.org/blogs/rising-interest-rates-are-exploding-debt

CRFB estimates that if Treasury yields remain 55 basis points above CBO projections, cumulative interest costs could rise by another $2T through 2036.

0 views