U.S. Treasury Secretary Scott Bessent stated that the U.S. bond market has outperformed the rest of the world as the 10-year Treasury yield reached its highest level in nearly 20 months:
These comments were made at the G20 meeting on September 1, 2026, as U.S. 10-year Treasury yields rose:
Bessent and Federal Reserve Chairman Kevin Warsh have focused on measures to spur economic growth:
"We are the best-performing bond market among major countries," Bessent asserted:
He also noted that U.S. bond yields had been rising prior to the 2024 elections:
Government bond yields broadly rose across global markets, influenced by increasing geopolitical instability:
