A flashing red light from the bond markets

The Treasury Department headquarters in Washington, DC, on May 27, 2026. | J. David Ake/Getty Images This story appeared in Today, Explained, a daily newsletter that helps you understand the most compelling news and stories of the day. Subscribe here. As someone with a 401(k), I tend to prefer it when financial news doesn’t reference the 2008 financial crisis. Unfortunately, that was not to be on Tuesday: the US bond market is having a tough go of things right now, and the 30-year Treasury yield just hit a 19-year high last reached in June 2007. Other countries, including Japan, Germa...

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