themanhattan (@themanhattan)

The financial press called rising Treasury yields a panic. They were wrong. The 30-year hit 5.277% because U.S. manufacturing is booming — Empire State and Philly Fed indexes both shattered forecasts. Three Fed voting members wanted an immediate rate hike at the July meeting. https://themanhattan.press/business/2026/08/22/the-financial-press-panicked-over-rising-treasury-yields-and-got-it-almost-completely-wrong-tom-teague-explains/?utm_source=gab&utm_medium=social&utm_campaign=treasury-yields-financial-press-wrong-tom-teague&utm_content=20260822_treasury-yields-financial-press-wrong-tom-teague