Odd Lots

What's Behind the Big Surge in US Government Bond Yields

September 3, 2026·36 min·5-min readconversationalfinance
Podzilla Summary (5 min)
TLDR
In this episode of Odd Lots, hosts Joe Weisenthal and Tracy Alloway speak with Stanford finance professor Darrell Duffie about the surge in long-term U.S. Treasury yields, the Treasury’s expanded buyback program, and the evolving dynamics between fiscal and monetary policy. Against the

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Guest

D

Darrell Duffie

conversational on Odd Lots

Mentions

Books, people, and resources mentioned in this episode.

People

Scott BessentKevin WarshDarrell Duffie

Books

The Fiscal Theory of the Price Level

Companies

Federal ReserveU.S. Treasury

Research & Papers

Ratchet Effect Paper

Topics

Business NewsEconomicsFederal ReserveFintechInflationInvestingMacroeconomicsStock Market

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