The Big Story — In Lay Terms

2 explanations, newest first.

Treasury Is Buying Back More Long-Dated Bonds. Here's What That Can — and Cannot — Do to Long-Term Rates.

The government is expanding an existing bond-buyback programme. It may improve liquidity and reduce some long-duration pressure — but it is not QE, and Treasury still cannot set the 30-year yield.

By Ithran Olivacce · Founder & Editor-in-Chief
Published 1 September 2026

The Big Story — In Lay Terms

Economic Signals Are Softening. So Why Is the 30-Year Treasury Yield Still So High?

The 30-year Treasury yield is near its highest level since 2007. Here’s the distinction that matters: the Fed sets the price of overnight money. Investors decide what return they need to lend for decades.

By Ithran Olivacce · Founder & Editor-in-Chief
Published 1 September 2026