First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/10/22/why-are-long-term-bond-yields-rising-despite-rate-cuts-003553
<p><img src='https://www.moneymetals.com/uploads/content/Why-Are-Long-Term-Bond-Yields-Rising-Despite-Rate-Cuts.jpeg'/></p>Since the Federal Reserve enacted its supersized rate cut in mid-September, the yields on 10-year and 30-year Treasuries have spiked. I don’t think that was the plan.