What's Up With the U.S. Bond Market?

What's Up With the U.S. Bond Market?

August 28, 2026 · 59 min

About this episode

The episode discusses the recent spike in the yield of 30-year U.S. Treasury bonds and the implications of government debt surpassing $40 trillion.

The yield on 30-year U.S. Treasury bonds has been spiking lately, at one point reaching its highest level in some two decades. That means that the government is paying more to borrow—as government debt officially passed the $40 trillion mark this week. Adam and Cameron discuss. Also on the show: Adam returns from the Venice Biennale. Learn more about your ad choices. Visit megaphone.fm/adchoices

People in this episode

Host: Adam

Guest: Cameron

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Mentioned in this episode

Organizations: Foreign Policy

Places: U.S.

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