The David Lin Report · Saturday, August 8, 2026
Ed Yardeni considers bond yields between 4% and 5% to be 'normal,' indicating that the economy can live with these rates. He believes this range reflects appropriate capital allocation by markets and is similar to pre-financial crisis levels.
“Look, my view is that the bond yield is back to normal. Uh, to me, 4 to 5 percent is kind of where it should be.”
“4 to 5 percent, I think, is a rate that the economy can live with. It's a rate that shows that the capital markets are allocating capital appropriately, properly.”