The Most Interesting Macro Moment of My Lifetime with Jens Nordvig
The Compound and Friends
High Yields Meet Historically Heavy Debt
Jens warns that today’s debt levels make sustained 10-year and 30-year yields more dangerous than comparable levels before the financial crisis.
On episode 259 of The Compound and Friends, Downtown Josh Brown and Michael Batnick are joined by Jens Nordvig to discuss: rising Treasury yields and the risk of something breaking in the bond market, Scott Bessent’s intervention in the yen and Treasury markets, the massive AI capex and hyperscaler debt boom, whether AI is actually inflationary, oil prices and the Fed, the surprisingly resilient consumer and labor market, America’s growing debt problem, and why Korea could be one of the most interesting macro trades heading into 2027.
This episode is sponsored by Franklin Templeton and Vanguard.
- Learn more at www.ftprivatemarkets.com
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