Why Rates Could Keep Rising

Why Rates Could Keep Rising

From The Markets by Goldman Sachs

May 22, 2026 · 12 min

About this episode

Phillip Lee discusses the factors driving the rise in US Treasury yields and the future outlook for the bond market.

What’s driving the rise in US Treasury yields, and what could be ahead for the bond market? Phillip Lee, head of Real Money Rate Sales in Goldman Sachs Global Banking & Markets, shares his outlook with Chris Hussey. Recorded on May 21, 2026. The opinions and views expressed herein are as of the date of publication, subject to change without notice, and may not necessarily reflect the institutional views of Goldman Sachs or its affiliates. The material provided is intended for informational purposes only, and does not constitute investment advice, a recommendation from any Goldman Sachs entity to take any particular action, or an offer or solicitation to purchase or sell any securities or financial products. This material may contain forward-looking statements. Past performance is not indicative of future results. Neither Goldman Sachs nor any of its affiliates make any representations or warranties, express or implied, as to the accuracy or completeness of the statements or information contained herein and disclaim any liability whatsoever for reliance on such information for any purpose. Each name of a third-party organization mentioned is the property of the company to which it…

People in this episode

Host: Chris Hussey

Guest: Phillip Lee

Topics covered

  • US Treasury yields
  • bond market
  • financial outlook
  • investment advice
  • market trends

Keywords

  • US Treasury yields
  • bond market
  • Phillip Lee
  • Chris Hussey
  • financial outlook

Mentioned in this episode

Organizations: Goldman Sachs, Goldman Sachs Global Banking & Markets

More episodes of The Markets

Explore listener stats, chart rankings, contacts and more on the The Markets podcast page.