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humor Cloud Macro 2026-09-28

Treasury Yields Hit Multi-Year Highs While Todd Prefers A Mid-Morning Pacific Swell

Global bond markets are utterly melting down as geopolitical tensions push US Treasury yields to terrifying multi-year highs. Down in Pescadero, however, Todd is currently staring blankly at a three-foot peeling left and trying to remember if taco trucks take Venmo. Nobody on the beach cares about macroeconomic contagion when the water is seventy-six degrees and Pacifico is thirty pesos a can.

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