SA analyst says cooling inflation eases Fed hike fears, but debt looms, 10s -2bp · desk brief, Wed 12 Aug 2026
Treasuries (close 2026-08-11): 2s 4.22% (-3.0bp), 10s 4.7% (-2.0bp), 30s 5.24% (-1.0bp).
Tape (close 2026-08-11): VIX 15.28, 2s10s +48bp.
Narrative: Houthi attack kills six in Red Sea; Trump slams Iran as hopes for Hormuz Strait deal dim
What mattered:
• SA analyst says cooling inflation eases Fed hike fears, but debt looms
• US10Y auction draws highest yield since global financial crisis
• Treasury 10-year note auction draws highest yield since 2007.
• The National Debt Is Barreling Toward $50 Trillion. Now Trump May Give Out Massive Tax Cuts to the 1%
• U.S. Stocks Seeing Modest Strength Following Tame Inflation Data