The Bond Market Podcast with Fexingo: Treasuries, Yields, and Fixed Income for Beginners

On this episode of The Bond Market Podcast with Fexingo, Lucas and Luna dig into one of the most striking fixed-income stories of May 2026: investment-grade corporate bonds are outperforming Treasuries by a wide margin. With the ten-year yield hovering around 4.56 percent and the thirty-year above five percent, why are investors piling into debt from companies like Apple and Microsoft? Lucas expla...

The Fed is holding rates steady, so why is the 3-month Treasury yield falling? Lucas and Luna dig into the plumbing at the short end of the curve—IORB, reverse repo balances, and what a dropping 3-month yield tells you about liquidity in the banking system. They use the latest live data from May 20–22, 2026 to show how the shortest government yields reveal the real stance of monetary policy, beyon...

The five-year breakeven inflation rate has climbed to 2.8 percent, but TIPS are actually down 0.2 percent over the past week. Lucas and Luna explain why that contradiction exists, what it signals about the bond market's real inflation expectations versus the nominal yield action, and why the TIPS-versus-nominal trade might be the most instructive fixed-income signal for the rest of 2026. They walk...

In episode 3 of The Bond Market Podcast with Fexingo, Lucas and Luna drill into the 30-year Treasury yield, which just hit 5.18 percent. They explain why the long bond is a sensitive inflation barometer, how it signals market conviction about policy, and what the flattening curve — 10Y-2Y spread at 53 basis points — means for fixed-income investors. Grounded in live data from May 21, 2026, this ep...

In Episode 2 of The Bond Market Podcast, hosts Lucas and Luna unpack the yield curve inversion that's been un-inverting. With the 10-year Treasury at 4.67% and the 2-year at 4.13%, the spread between them is just 53 basis points — down from 54 the day before. They explain what this narrowing means for recession forecasts, how it connects to Fed policy (the minutes just showed officials are open to...

Lucas and Luna launch The Bond Market Podcast by anchoring on a number every fixed-income investor is watching: the 10-year Treasury yield hit 4.59 percent on May 15, up from 4.47 the week before. They unpack why that 12-basis-point move matters, what it means for mortgage rates, corporate borrowing, and the broader economy. Along the way, they explain the yield curve, the difference between nomin...