Anshul Pradhan

“These are not new forces, and the rise in long-term yields has been gradual rather than sudden,”

Anshul Pradhan · said 2026-08-17 · reported 2026-08-19

Pradhan commented on the gradual rise in long-term Treasury yields in a client note.

“What is notable today is not the existence of these pressures, but that they appear strong enough to overwhelm individual soft-data releases. Three independent releases argued for lower yields this month; long end yields moved higher anyway.”

Anshul Pradhan · said 2026-08-17 · reported 2026-08-19

Pradhan noted that yield pressures were now strong enough to override softer economic data releases.