Jack Forehand(@practicalquant):Long-term rates rose more in September than in any month since 2022. On the latest Last Call, we look at what's driving the move, and what it means going forward. @dampedspring explains why yields are rising and why he is starting to like bonds more. @spotgamma breaks down why investors are betting on falling yields and not hedging against a stock market decline. @EricPachman shows how the diesel supply squeeze could keep inflation pressure building, even if crude oil prices ease. Plus, @CultishCreative and I discuss what an AI pause could mean for spending, productivity and markets.

2026.10.03 15:46

Long-term rates rose more in September than in any month since 2022. On the latest Last Call, we look at what's driving the move, and what it means going forward. @dampedspring explains why yields are rising and why he is starting to like bonds more. @spotgamma breaks down why investors are betting on falling yields and not hedging against a stock market decline. @EricPachman shows how the diesel supply squeeze could keep inflation pressure building, even if crude oil prices ease. Plus, @CultishCreative and I discuss what an AI pause could mean for spending, productivity and markets.