Ten Year Treasurys and TIPS, Change since 2/28

Figure 1: Change since 2/27/2026 in ten year Treasury constant maturity yields (blue), TIPS (red), both in %. Source: Treasury. 2 thoughts on “Ten Year Treasurys and TIPS, Change since 2/28” Macroduck The war-criminal-in-chief has said that gasoline prices will fall right after the midterms because Iran is only holding out until then. Meanwhile, according to the WSJ, his advisors are telling him that Iran is likely able to hold out until the end of his term, over two years away: The December 2028 Brent future is trading around $77.50, well down from the on-the-run price of $107.50, but up about ten bucks from before the war. Oil markets had priced in an early end to the effects of the Hormuz blockade in June and July, then again in late August – didn’t work out. Futires prices may be unbiased, but that doesn’t mean they’re right. The war-criminal-in-chief has said that gasoline prices will fall right after the midterms because Iran is only holding out until then. Meanwhile, according to the WSJ, his advisors are telling him that Iran is likely able to hold out until the end of his term, over two years away: https://www.straitstimes.com/world/united-states/trump-advisers-warn-iran-conflict-may-last-through-end-of-his-term-wall-street-journal-reports The December 2028 Brent future is trading around $77.50, well down from the on-the-run price of $107.50, but up about ten bucks from before the war. Oil markets had priced in an early end to the effects of the Hormuz blockade in June and July, then again in late August – didn’t work out. Futires prices may be unbiased, but that doesn’t mean they’re right. The 30-year fixed mortgage rate is now averaging 6.76%. Mid-February, just before the war, 6.04%: https://fred.stlouisfed.org/series/MORTGAGE30US/#