October 9, 2026 | Benzinga
Canary Capital CEO Steven McClurg spoke with Benzinga about his outlook for U.S. Treasury yields, the potential for a prolonged bond bear market, and the implications for investors navigating a higher-interest-rate environment.
McClurg anticipates that 10-year U.S. Treasury yields could reach 8% within the next four years, citing rising government debt obligations, persistent fiscal deficits, and increased borrowing associated with defense spending and artificial intelligence infrastructure.
The discussion explores the potential risks facing long-duration bonds and alternative investment opportunities, including Treasury Inflation-Protected Securities (TIPS), commodities, floating-rate debt, and digital assets. McClurg also shares his perspective on a longer-term shift in the bond market, suggesting that the current secular bond bear market could extend for several decades.
The views and forecasts discussed reflect expectations as of October 9, 2026, and are not guarantees of future results.
Read the full article: Benzinga – Think 5% Treasury Yields Are Scary? This CEO Says 8% Is Coming
Disclosures and Risk
This information is provided for informational and educational purposes only and should not be construed as a recommendation, solicitation, or offer to buy or sell any security, investment, or financial instrument. Any opinions expressed are subject to change without notice and should not be relied upon as investment advice. Investors should conduct their own research and consult with qualified financial, legal, or tax advisors before making any investment decisions.
