The Julia La Roche Show · Saturday, October 24, 2026
Discussing a note from fixed-income expert Ralph, Chris Whalen stated he is less bullish on 10-year Treasury yields dropping back down to 4%. Whalen argued that markets are normalizing after 15 years of extraordinary Fed intervention and yields will likely remain near current levels.
“And what he's saying is that eventually the underlying inflation numbers, which aren't bad, excuse me, if you exclude energy, are going to force the Fed to ease.”
“And are we going to go to 4% or lower? I don't think so. That's just my view.”