Making Sense of Sky-High Treasury Yields

解读飙升的国债收益率

WSJ What’s News

2026-09-27

36 分钟
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单集简介 ...

This week, we’re bringing you an episode of WSJ’s Take On the Week. Host Miriam Gottfried is joined by guest co-host and WSJ markets reporter Sam Goldfarb to break down the unprecedented surge in the 10-year Treasury yield. Meghan Swiber, U.S. rates strategist at Bank of America, joins the show to discuss what influences these yields, and how a 5% yield affects everyday borrowing costs including mortgage rates, which are again topping 7%.  Swiber unpacks the Treasury Department's surprising buybacks, and how this strategy compares to the actions the Federal Reserve took to mitigate the effects of the last financial crisis. Plus, how is the market reacting to the Fed, which is trying to battle inflation by hiking rates?  Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at takeontheweek@wsj.com. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com Sign up for the WSJ’s free What’s News newsletter. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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  • What's News listeners, it's Sunday, September 27th.

  • I'm Alex Osola for The Wall Street Journal.

  • This is What's News Sunday, the show where we tackle the big questions about the biggest stories in the news.

  • This week, we're serving up an episode of WSJ's Take on the Week,

  • where host Miriam Gottfried and guest co-host Sam Goldfarb unpack the recent moves in the treasury market.

  • Specifically, what drove the 10-year yield up to 5% and where things go from here.

  • If you like what you hear, listen and subscribe to WSJ's Take on the Week wherever you get your podcasts.

  • Hey, everyone.

  • It's Miriam.

  • TELUS is out today, but I have a special guest joining me as co-host.

  • I have my colleague, Sam Goldfarb, who's a markets reporter and covers U.S.

  • Treasury markets.

  • And it's actually no accident that I invited Sam here to join me today.