Rising long-end yields defy easy explanation and could potentially signal trouble ahead for investors, says Apollo’s Torsten Slok. - iStock/MarketWatch illustration Since the Federal Reserve started cutting its policy interest-rate target in September 2024, yields on long-dated Treasury notes and bonds have traded stubbornly higher. As 2026 approaches, investors across all asset classes should be thinking about why this is happening and what it might mean going forward, according to one prominent Wall St ...