On today’s Big Take podcast, Stacey Vanek Smith and Bloomberg Opinion’s John Authers unpack the bond market rollercoaster: a sell-off, the highest US 30-year bond yields since the financial crisis — and a sudden intervention.

Read more: The 30-Year Itch Comes for Bonds — and Brazi

Further listening: What Higher Bond Yields Mean for Markets and Everyday Borrowers (Big Take Podcast)

We have a special Bloomberg subscription offer for podcast listeners at Bloomberg.com/podcastoffer.

Hosted by Stacey Vanek Smith; Produced by Rachael Lewis-Krisky and Victor Swezey; Guest: John Authers; Fact-checking by the Big Take team; Engineering by Zoltan Sindhu and Alex Sugiura. Senior Producer and editor: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

On today&rsquo;s Big Take podcast, Stacey Vanek Smith and Bloomberg Opinion&rsquo;s John Authers unpack the bond market rollercoaster: a sell-off, the highest US 30-year bond yields since the financial crisis &mdash; and a sudden intervention.
Read more:&nbsp;<a href="https://www.bloomberg.com/opinion/newsletters/2026-08-18/the-30-year-itch-comes-for-bonds-and-brazil?srnd=undefined">The 30-Year Itch Comes for Bonds &mdash; and Brazi</a>
Further listening:&nbsp;<a href="https://podcasts.apple.com/us/podcast/what-higher-bond-yields-mean-for-markets-and-everyday/id1578096201?i=1000684423419">What Higher Bond Yields Mean for Markets and Everyday Borrowers (Big Take Podcast)</a>
We have a special Bloomberg subscription offer for podcast listeners at&nbsp;<a href="https://www.bloomberg.com/subscriptions/podcasts">Bloomberg.com/podcastoffer.</a>
Hosted by Stacey Vanek Smith; Produced by Rachael Lewis-Krisky and Victor Swezey; Guest: John Authers; Fact-checking by the Big Take team; Engineering by Zoltan Sindhu and Alex Sugiura. Senior Producer and editor: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

What’s Behind the Bond Market Rollercoaster

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3845b9ff-3a36-4b68-be6d-b4ab01740c13/transcript