Real Yields Near 20-Year Highs As Energy Shock Continues
James Picerno·2026-05-20·via All Articles on Seeking Alpha
Summary
The 10‑year real US Treasury yield is hovering near a 20‑year high, with the 5‑year not far behind.
The recent surge in Treasury yields has strengthened the case for holding bonds, and real yields are no exception.
The 10‑year TIPS yield stands at 2.18%, offering a guaranteed real return if held to maturity.
Vladimir Zakharov/iStock via Getty Images
The 10‑year real US Treasury yield is hovering near a 20‑year high, with the 5‑year not far behind. Whether this is a good moment to lock in inflation‑indexed yields may hinge on how the Gulf crisis