Market Brief: What’s Really Driving the 10-Year Treasury?

The Issue at Hand by Madison Investments · Aug 4, 2026 · 8m · transcript

The recent jump in the 10-Year Treasury has reshaped the fixed income landscape, driving a steeper yield curve and creating new opportunities for bond investors. While many investors point to higher oil prices, the story is far more nuanced. Inflation expectations, Federal Reserve policy, fiscal concerns, and shifting market sentiment are all influencing long-term interest rates, and understanding these dynamics can better prepare you and your clients for what comes next.

In this Market Brief, Chris Aleman and Mike Sanders break down what’s really driving Treasury yields, why it matters for…