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Chip Rout Finally Does What Scott Bessent’s Buybacks Couldn’t: Pulls Treasury Yields Back From 24-Year High

Oct 16, 2026 · 04:03 AM ET· updated 1h ago
Chip Rout Finally Does What Scott Bessent’s Buybacks Couldn’t: Pulls Treasury Yields Back From 24-Year High

Treasury yields pulled back from multi-decade highs Thursday, with a chip rout sending investors into bonds and easing months of pressure.

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Why It Matters

Computer chip company stocks fell hard, so investors moved money to bonds instead. When people feel scared, they often move to safer places like bonds.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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