by Mish Shedlock, Mish Talk: What happened to Bessent’s “I am the house” theory? Long Term Bond Yields 30-Year: 5.70 percent, highest since 5.76 percent on June 6, 2002 10-Year: 5.32 percent, highest since 5.36 percent on April 2, 2002 U.S. Treasury Secretary Scott Bessent said “I am the house now. Bet against me if […]