“We're not really at a level where people seem to be going crazy, saying 'I want to buy the 30-year,' and that should be a warning.”

Fortune · US sells 30-year bonds at highest yield since 2001 amid inflation concerns

“Bessent may try to address it by decreasing supply, but there's already a lot of 30-year paper issued, so it's not necessarily just new supply driving price action. It's new sellers.”

Fortune · US sells 30-year bonds at highest yield since 2001 amid inflation concerns