Episode Details

Inflation is moving in the right direction—but the bond market isn’t celebrating.

Treasury yields are pushing higher even as inflation data cools, creating a widening disconnect between the economic narrative and what rates markets are actually pricing. In this episode of Market Pulse, we break down why long-term yields can keep climbing even when inflation pressures appear to be easing—and what that means for equities, credit, housing, and the broader economy.

The key question is shifting from “Is inflation falling?” to “What return will investors demand to own duration?”

We examine the forces keeping pressure on the long end of the curve, why higher yields can become a tightening mechanism of their own, and how increasingly expensive capital could test a market still trading near elevated valuations.

If bonds are sending a different message than the inflation data, investors should pay attention.

Disclosure: This podcast is for informational and educational purposes only and should not be considered investment advice. Markets involve risk, and listeners should conduct their own research or consult a financial advisor before making investment decisions.