Ian Lyngen

“The path of least resistance will likely favor higher long-end rates in the near-term unless there is a slowdown in the market supply of duration, sharp tightening of financial conditions or dimming of the economic outlook,”

Ian Lyngen · said date not stated · reported 2026-08-19

Lyngen forecast continued upward pressure on long-end rates absent a slowdown in bond supply or economic outlook changes.

“On top of concerns about the growth of government debt, a record pace of corporate bond issuance has added substantial duration supply to U.S. fixed income markets, with consequences for the outright level of yields as well as the shape of the yield curve and term premium,”

Ian Lyngen · said date not stated · reported 2026-08-19

Lyngen commented in a note on how corporate bond issuance has added to Treasury market supply and affected yields.