‘Elevated Inflation Era’ Underway As Treasury Secretary Bessent Rejects Idea of Issuing Long-Term Bonds: Macro Guru Jim Bianco

Macro strategist Jim Bianco thinks the US is in an “elevated inflation era. ” In a new interview with Bloomberg, Bianco, the president of Bianco Research, pointed to US Treasury Secretary Scott Bessent, who said in an interview this week that he wouldn’t issue long-term bonds with the Federal Reserve’s current interest rates. source: https://dailyhodl.com/2025/07/02/elevated-inflation-era-underway-as-treasury-secretary-bessent-rejects-idea-of-issuing-long-term-bonds-macro-guru-jim-bianco/