Kevin Gordon(@KevRGordon):While we have seen this level of yields before and some say we are just back in the "old normal," I think what sometimes gets lost in the discourse is the speed with which rates have moved higher ... we haven't seen this kind of 5-year increase in the 10y yield since the '80s

Kevin Gordon

@KevRGordon

Head of Macro Research and Strategy, Schwab Center for Financial Research Disclosures:

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Kevin Gordon@KevRGordon

2026.09.24 11:45

While we have seen this level of yields before and some say we are just back in the "old normal," I think what sometimes gets lost in the discourse is the speed with which rates have moved higher ... we haven't seen this kind of 5-year increase in the 10y yield since the '80s