Patrick Armstrong

What Patrick Armstrong has said on podcasts

10 statements

1. on Treasury control of the 30-year yieldNegativeAug 21, 2026· Bloomberg Surveillance

   The Treasury cannot control the 30-year yield.

   “the Treasury won't have enough power to control the 30-year yield.”

   Listen at 3:06

   Open the episode · Bloomberg Surveillance TV: August 21st, 2026
2. on 30-year yieldNegativeAug 21, 2026· Bloomberg Surveillance

   Market forces will defeat attempts to control the 30-year yield, except by the Fed.

   “any time you try to control 30-year yield, it's always going to be the market that wins, unless you're the Fed that has the unlimited balance sheet.”

   Listen at 3:50

   Open the episode · Bloomberg Surveillance TV: August 21st, 2026
3. on Populist, protectionist and nationalist policiesNegativeAug 21, 2026· Bloomberg Surveillance

   Populist, protectionist, nationalist policies and trade wars are inflationary.

   “All of that's unequivocally inflationary.”

   Listen at 4:27

   Open the episode · Bloomberg Surveillance TV: August 21st, 2026

Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.

• Aug 21, 2026Rising long-term yields test fiscal policy and AI optimismBloomberg SurveillanceAug 21, 2026Guest