The David Lin Report · Tuesday, July 14, 2026
Peter Boockvar observes a continued rise in long-term interest rates, particularly real interest rates, not driven by increasing inflation worries but by growing debt and deficits. He notes that investors are being "swamped with supply" from governments.
“irrespective of what the Fed may do on the short end of the yield curve, we're seeing a continued rise in long-term interest rates.”
“So the rise in interest rates is actually a rise in real interest rates.”
“I think that debt and deficits now matter. I think investors are getting swamped with supply for the first time in my career, uh, in terms of responding to that, uh, with pricing.”