Global bond yields are at their highest level since 2008, with the 30-year US Treasury touching 5% just before Treasury Secretary Scott Bessent announced a surprise increase of his department’s bond buyback program and Federal Reserve Chairman Kevin Warsh made his hawkish speech at Jackson Hole. ...
Source: [Bloomberg Markets](https://www.bloomberg.com/news/audio/2026-09-03/odd-lots-darrell-duffie-on-the-surge-in-bond-yields-podcast)