{
  "id": 10908038,
  "title": "He’s been badmouthing Treasury bonds since 2020, but now ‘the big fat cushion’ of 5.25% yields is turning this strategist bullish",
  "url": "https://urgent.news/2026/09/30/hes-been-badmouthing-treasury-bonds-since-2020-but-now-the-big-fat",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T09:32:00.000Z",
  "source": {
    "name": "MarketWatch Top",
    "slug": "marketwatch-top",
    "url": "https://www.marketwatch.com/story/hes-been-badmouthing-treasury-bonds-since-2020-but-now-the-big-fat-cushion-of-5-25-yields-is-turning-this-strategist-bullish-376fafba?mod=mw_rss_topstories"
  },
  "original_language": "en",
  "account": null,
  "summary": "A strategist who has been critical of US Treasury bonds since 2020 has changed their stance, now finding value in them. According to MarketWatch, this shift is due to the \"big fat cushion\" of 5.25% yields. The strategist, Bianco, believes that 5% returns on bonds and 6% on stocks are more realistic after a period of artificially low interest rates.\n\nRising US Treasury yields have had a negative impact on stock markets, including South Korea's KOSPI index, which has fallen for three consecutive sessions. Yonhap News reports that the 30-year US Treasury yield has reached its highest level in 24 years, at over 5.6%, while the 10-year yield is at its highest level since 2007, above 5.2%.\n\nGlobal bond yields have risen to multi-year highs amid concerns about inflation and potential further interest rate hikes. This has led to a decline in investor sentiment, with foreigners and institutions selling a net 2.05 trillion won and 767.97 billion, respectively, in the South Korean market.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(URGENT) Seoul stocks fall for 3rd day as Treasury yields rise",
        "url": "https://urgent.news/2026/09/30/urgent-seoul-stocks-fall-for-3rd-day-as-treasury-yields-rise",
        "published": "2026-09-30T06:31:47.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Stock futures rise as Treasury yields take a breather",
        "url": "https://urgent.news/2026/09/30/stock-futures-rise-as-treasury-yields-take-a-breather",
        "published": "2026-09-30T08:10:56.000Z"
      },
      {
        "outlet": "MarketWatch",
        "title": "He’s been badmouthing Treasury bonds since 2020, but now ‘the big fat cushion’ of 5.25% yields is turning this strategist bullish",
        "url": "https://urgent.news/2026/09/30/hes-been-badmouthing-treasury-bonds-since-2020-but-now-the-big-fat-10912748",
        "published": "2026-09-30T09:32:00.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Why are US Treasury yields rising as global bonds face their worst month in years?",
        "url": "https://urgent.news/2026/09/30/why-are-us-treasury-yields-rising-as-global-bonds-face-their-worst",
        "published": "2026-09-30T10:32:45.000Z"
      },
      {
        "outlet": "Semafor",
        "title": "US Treasury yields near 25-year highs",
        "url": "https://urgent.news/2026/09/30/us-treasury-yields-near-25-year-highs",
        "published": "2026-09-30T10:41:47.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}