American Century’s Gotelli: What to Know on Munis Amid Yield Highs

Published on September 28, 2026

The yield on the 30-year hit a multi-decade high this week, spiking amid continued fiscal and monetary concerns. The 30-year hitting 5.45%, its highest mark since 2004, comes amid an already busy year for bonds.

Continue reading on website
Other news

Shall We Repeal the Laws of Economics – Part III

September 28, 2026
In September 2024 and June 2025, I wrote memos that were critical of governments’ attempts to override the laws of economics, based on my conviction that trying to do so is likely to prove ineffective and potentially harmful.

Treasury Announces Second Oversized Bond Buyback as It Tries to Put a Lid on Yields

September 28, 2026
The Treasury Department will buy back another $6 billion in long-term Treasuries today (Thursday, Sept. 24) as it continues efforts to tamp down rising yields.