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Waller Says Bond Yield Surge Reflects Growth

Federal Reserve Governor Christopher Waller stated that rising US bond yields stem from strong economic growth and AI investment rather than inflation expectations. He also noted that US debt may have lost some safe-haven appeal.

FILE PHOTO: Federal Reserve Board Governor Christopher Waller speaks prior to giving a Reuters NEXT Newsmaker interview in Washington, D.C., U.S., September 3, 2026. REUTERS/Kylie Cooper/File Photo

United States Treasury yields are climbing toward 24-year highs due to economic strength rather than inflation, Federal Reserve Governor Christopher Waller said on Tuesday.
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