Bankless · Friday, October 2, 2026
Despite cooler-than-expected inflation numbers, U.S. Treasury yields have surged to multi-year highs, creating a paradox in the financial markets. Analysts like Ben Hunt are warning that "something in the financial world is going to break" due to the rapid acceleration of yields, which haven't been seen in decades. This unusual market behavior raises concerns about global liquidity and potential financial instability.
“Something in the financial world is going to break.”
“And so here's a tweet. So yields continue to rise even on the back of this inflation news, not even budging from that. The 30 year is up to 5.64 percent. It's highest since 2022. 2022. No, no, no. 2002. Oh my God. Sorry.”
“And so he thinks something could break. What do you think? Do you think this is like... The sign of something going really wrong.”