Odd Lots

We Can’t Just Ignore the Rise in Yields

The 30-year yield nears its highest level since 2007.

Scott Bessent, US treasury secretary, speaks to members of the media following a meeting with Sanae Takaichi, Japan’s prime minister, not pictured, at the prime minister’s office in Tokyo, Japan, on Tuesday, May 12, 2026.Photographer: Eugene Hoshiko/AP Photo/Bloomberg via Pool AP

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By Joe Weisenthal and Tracy Alloway

May 15, 2026 at 4:09 PM UTC

This article is for subscribers only.

Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is, we promise it will always be interesting.

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