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Bessent Hasn't Done Great Job As Salesman: Sherman

Bloomberg Markets Thursday 22 October 2026, 18:41 UTC 1 min read
Key Points

Real Yield Oct 22nd, 2026 Bessent Hasn't Done Great Job As Salesman: Sherman Jeff Sherman, deputy CIO of DoubleLine Capital, joins Scarlet Fu on "Bloomberg Real Yield." Treasuries surged on Thursday, sending the US 10-year yield back below 5% as investors sought shelter from tumbling share prices for companies leading the boom in spending on artificial intelligence.

Real Yield Oct 22nd, 2026 Bessent Hasn't Done Great Job As Salesman: Sherman Jeff Sherman, deputy CIO of DoubleLine Capital, joins Scarlet Fu on "Bloomberg Real Yield." Treasuries surged on Thursday, sending the US 10-year yield back below 5% as investors sought shelter from tumbling share prices for companies leading the boom in spending on artificial intelligence.
Bessent (PERSON) Sherman Jeff Sherman (PERSON) CIO (ORG) DoubleLine Capital (ORG) Scarlet Fu (PERSON) Treasuries (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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