Bond News Today — August 24, 2026
The post-World War II market shift is here — and bond yields could have higher to go, says Morgan Stanley and more — today's bond signal.
Bond markets are navigating a period of significant change, as investors reassess their expectations for interest rates and economic growth. According to Morgan Stanley, the post-World War II market shift is underway, and this could mean higher bond yields ahead. This view is being put to the test as investors await a key speech from Federal Reserve Governor Lael Warsh at the Jackson Hole symposium, causing Treasury yields to fall slightly as markets position themselves for potential guidance on the future path of monetary policy.
The yield dynamics are also being influenced by broader economic trends, including falling oil prices as investors anticipate new US sanctions on Iran. Meanwhile, concerns about the effectiveness of the Treasury's bond-market intervention have raised questions about what policy steps might come next. As bond investors weigh these competing forces, they are searching for clarity on the future direction of interest rates and the potential implications for fixed income markets. Today's developments are likely to add to the ongoing debate about the outlook for bond yields and the overall economic landscape.
Today's signal:
• The post-World War II market shift is here — and bond yields could have higher to go, says Morgan Stanley (marketwatch.com)
• Treasury yields fall as investors brace for Warsh’s Jackson Hole keynote amid bond fears (cnbc.com)
• Oil prices fall as investors await 'toughest' U.S. sanctions on Iran (cnbc.com)
• The Treasury’s bond-market intervention isn’t working. So what comes next? (marketwatch.com)