Treasury yields have been 'sticky to the downside,' hovering around 4.25-4.40%, not at the 3.5% level that historical patterns might suggest, indicating that sovereign wealth funds and international investors are no longer automatically fleeing into long-dated US Treasury securities for safety as they once did.

factualpending

Speaker

Jim Grant

Evidence Quote

treasury yields have have have been uh kind of sticky to the downside have seemingly the 10-year is a is a 430 or 440 or 425 but it's not it's not 3 and 1/2.

Source

We Asked Jim Grant What War Means for InflationExcess Returns
Created: 8/12/2026, 10:39:06 PM

My Notes

Loading notes...