Laffer: Bond Sell-off Due to Higher Real Returns, Not Inflation
Arthur Laffer argues that the recent sell-off in bonds is not indicative of higher inflation, but rather reflects an increase in real returns on capital. He stated that this trend is a positive development for the economy.
personArthur Laffer
The tape
3 quotes
“The sell-off, uh, in bonds, I do not think reflects higher inflation.”
“I think it reflects higher real returns on capital.”
“And which is a very good thing to have happened.”
Heard on The David Lin Report — “Art Laffer On Bond Market MELTDOWN: How Bad Could It Get?”, published Friday, September 25, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.