Bessent says Treasury yields show inflation expectations are stable or falling

Sep 1, 2026 13:34 (21d ago)

Scott Bessent said Treasury yields indicate stable or declining inflation expectations.
Two-year and 10-year yields recently reached their highest levels since January 2025.
Bessent does not view higher yields as evidence of renewed inflation expectations.

U.S. Treasury Secretary Scott Bessent said recent moves in Treasury yields indicate inflation expectations are stable or declining. The comments came after two-year and 10-year U.S. Treasury yields rose to their highest levels since January 2025. Bessent does not appear to regard the increase in yields as evidence that inflation expectations are picking up again. Walter Bloomberg, an overseas markets news service, reported that Bessent said Treasury yields show that inflation expectations are flat or falling.