Are Bessent’s Hands Tied?
From Basis Points by Basis Points by WisdomTree Asset Management
June 3, 2026 · 5 min
About this episode
Kevin Flanagan discusses the factors influencing the 10-year Treasury yield and the speculation around Treasury Secretary Bessent's influence.
The 10-year Treasury yield has repeatedly snapped back into a 4.0%–4.5% range despite bouts of market volatility. This week on the Basis Points podcast, Kevin Flanagan analyzes why speculation around Treasury Secretary Bessent capping long-term yields may be overstated, and why employment, inflation, and Treasury supply remain the real drivers.
People in this episode
Host: Kevin Flanagan
Topics covered
- Treasury yield
- market volatility
- employment
- inflation
- Treasury supply
Keywords
- 10-year Treasury yield
- market volatility
- Bessent
- employment
- inflation
- Treasury supply
Mentioned in this episode
Organizations: Treasury, WisdomTree Asset Management
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