Bianco Turns Bullish on Treasuries as Yields Rise
Jim Bianco, president and macro strategist at Bianco Research, said higher Treasury yields reflect stronger nominal economic growth and rising inflation. In an interview with Bloomberg Television, he said he had invested in bonds for the first time in six years and considered 10-year Treasury yields near 5.25% attractive, while suggesting they could move toward 5.50% to 5.75%.
Jim Bianco, president and macro strategist at Bianco Research, said he had become more positive on US Treasury bonds even as yields rise. He attributed higher yields to stronger nominal economic growth and increasing inflation.
Speaking to Bloomberg Television, Bianco said he had invested in bonds for the first time in six years. He described Treasury bonds as a strong investment choice in the current environment.
Bianco said the US 10-year Treasury note could rise toward yields of 5.50% to 5.75%. He also said yields around 5.25% were already attractive enough for investment.
His comments were reported by Bloomberg on Oct. 1, 2026. The source did not provide further details about the size or timing of his investment.
THE QUESTIONS THIS EVENT LEAVES BEHIND
What assumptions about future economic growth underpin Bianco’s view of Treasury valuations?
How would a further rise in inflation affect the attractiveness of the bonds he favors?
What risks could investors face if 10-year Treasury yields move beyond the levels he identified?
How might other market participants interpret his shift after six years without investing in bonds?
What evidence would show that stronger nominal growth, rather than another factor, is driving higher yields?
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GLOBAL CURIOSITY MAP · SEPTEMBER 2026