The Global Bond Rout Reaches Worrying New Levels

Andrew here. What would the famed economist John Maynard Keynes think about artificial intelligence? Markus Brunnermeier, a Princeton professor, fed thousands of pages of the economist’s body of work into an A.I. model and built a bot to ask it questions about the modern day.

“I fear you may end up with skilled and overworked professionals with money but no time, and the rest of society with time but no money,” the A.I. version of Keynes warned. Check out the full video and transcript here.

No relief in sight

The global bond rout is deepening on Thursday, with the 10-year Treasury note hitting another worrisome milestone.

Article source: https://www.nytimes.com/2026/10/01/business/dealbook/bond-rout-trump-powell.html