Latest News COMBINED
Our latest insights on bond market activity and events affecting the investment landscape.
I Bonds Just Got a Raise
The U.S. Department of the Treasury officially set the Series I savings bond composite rate at 5.51% for purchases made from November 1, 2026, through April 30, 2027.
From the Desk of David Loesch – November 5, 2026
Munis extended their October rally through the final week of the month, capping the strongest October for the asset class since at least 1980 and the strongest month since November 2023, per the Bloomberg Municipal Bond Index.
From the Desk of David Loesch – October 29, 2026
Munis delivered a strong week, outperforming Treasuries across the curve as favorable technicals, tax-loss harvesting flows, and a dovish-leaning Fed hold pushed yields lower.
Two Auctions, Two Stories
The Treasury came to market this week with $69 billion in 2-year notes and $70 billion in 5-year notes, and the two auctions told different stories.
From the Desk of David Loesch – October 22, 2026
Municipal yields have eased roughly 10 basis points over the past week, though they remain elevated compared to two months ago. Steady reinvestment demand, lower supply, institutional repositioning, and relatively stable rates have buyers picking up paper.
What the Treasury’s Homework Means for Bond Investors
Every quarter, before the U.S. Treasury announces how much debt it plans to sell and in what form, it does a little homework.
PPI Runs Hot: Why Bond Investors Are Paying Attention
Inflation didn’t wait for the Fed’s next meeting. The Bureau of Labor Statistics released its Producer Price Index (PPI) for September, and wholesale inflation came in much hotter than anyone expected.
From the Desk of David Loesch – October 8, 2026
Inflation expectations are climbing again, and that helps explain why yields are not coming down and continue to move higher.
The Bond Market Is Still Speaking
Today, the Treasury bond market reached a 24-year high across the 10-year, 20-year, and 30-year maturities. The 10-year climbed to 5.365%, the 20-year reached 5.77%, and the 30-year hit 5.732% (1&2).
From the Desk of David Loesch – October 1, 2026
The fourth quarter opened where September left off. The 10-year Treasury briefly touched 5.34% this morning, its highest level since 2002, before settling near 5.32%, and the 30-year reached 5.67%, a 24-year high.
Cooler Inflation, Hotter Yields
August PCE came in slightly cooler than expected, up 0.3% for the month and 3.4% on an annual basis, versus estimates of +0.4% and 3.7%
From the Desk of David Loesch – September 24, 2026
Municipal bonds traded down in price this week, pushing yields on benchmark securities to their highest levels since at least 2011.
Eye-Opening Multi-Year Highs on Treasury Bond Yields Across the Curve
The market seems to be signaling to the Fed that curbing inflationary pressures on consumers will not be a quick fix.
From the Desk of David Loesch – September 17, 2026
The Federal Reserve raised its target rate a quarter point to a range of 3.75% to 4% this week, its first hike since 2023.
The Committee is Unanimous!
The long-anticipated decision from the Federal Open Market Committee today was to raise the Fed Funds Rate by a quarter point, the first hike in three years, as the Fed moves to combat rising inflation risks. The Committee voted unanimously to lift rates to a new...


