Jul 22, 2026Yields have topped 5% for a couple weeks now, the longest since 2007. Plus: China’s flagging consumer economy, AT&T success with service bundles, and “anchored” inflation expectations.

J. David Ake/Getty ImagesSegments From This EpisodeKevin C. Cox/Getty ImagesHigh levels of U.S. debt and competition from tech companies issuing their own bonds are driving the high yields.

Adek Berry/AFP via Getty Images“It's not just slowing,” said Adam Posen at the Peterson Institute for International Economics. “It's slowing after being slow for quite some time.”

Heather Diehl/Getty ImagesAT&T beat earnings expectations with $31.6 billion in revenue and a record 646,000 new internet subscribers.

Don Mackinnon/AFP via Getty Images“Unprecedented is just too weak a word for this,” said Gretchen Blough, a customs brokerage manager at Logistics Plus.