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https://thebondbeat.substack.com/p/weekly-observations-021626-shorts?r=38tbv&selection=a70f9776-0d71-4fb2-a712-df9d604c852e&utm_campaign=post-share-selection&utm_medium=web&aspectRatio=instagram&textColor=%23ffffff&bgImage=true&triedRedirect=true#:~:text=2yy%20WEEKLY%3A%203

"…1980: Reagan/Thatcher/Volcker shocks, peak inflation (14.8% in Mar’80), peak government… secular leader was bonds (10-year Treasury yield fell 16% to 6% by 1985 - Chart 4)…"

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Feb 18, 2026