Bond sell-off soars amid inflation, debt fears, 10s +2bp · desk brief, Tue 01 Sep 2026
Treasuries (close 2026-08-31): 2s 4.34% (+0.0bp), 10s 4.75% (+2.0bp), 30s 5.25% (+3.0bp).
Tape (close 2026-08-31): VIX 14.92, 2s10s +41bp.
Narrative: Fed Governor Michael Barr warns of rate hike if inflation stays high
What mattered:
• Bond sell-off soars amid inflation, debt fears
• Dow falls 450 points while rising oil prices send Treasury yields racing toward 5%, Iran fears renewed
• Iran's IRGC has begun retaliatory strikes against the US - IRIB
• Bessent touts bond market as 10-year Treasury yield spikes
• Treasury Yields Hit 19-Month High As Bond Woes Spread Around The Globe