World & BusinessThe Fed's grip on long-term Treasury yields
A post citing CIFC says long-term Treasury yields are increasingly driven by forces outside the Fed's control, including heavy government borrowing, $100-plus oil and AI infrastructure spending.
TLDR
A September 24, 2026, post cites CIFC's view that heavy government borrowing, $100-plus oil, AI infrastructure spending and a global bond selloff are increasingly driving long-term Treasury yields outside the Fed's control. The post says the previous week's rate hike reshaped the yield curve without lowering overall yields. It also points to weak demand at the latest five-year Treasury auction as reinforcing the risk that yields remain biased higher despite further Fed tightening.
The Fed's grip on long-term Treasury yields
A post citing CIFC says long-term Treasury yields are increasingly driven by forces outside the Fed's control, including heavy government borrowing, $100-plus oil and AI infrastructure spending.
TLDR
A September 24, 2026, post cites CIFC's view that heavy government borrowing, $100-plus oil, AI infrastructure spending and a global bond selloff are increasingly driving long-term Treasury yields outside the Fed's control. The post says the previous week's rate hike reshaped the yield curve without lowering overall yields. It also points to weak demand at the latest five-year Treasury auction as reinforcing the risk that yields remain biased higher despite further Fed tightening.