Kitco NEWS
Kitco NEWS
Kitco Media
Has The Fed Lost Control: Matthew Piepenburg on 5% Yields and the Debt Trap
58 minutes Posted May 13, 2026 at 1:00 pm.
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Is the latest 3.8% CPI print just another energy-driven inflation scare, or is the $40 trillion U.S. debt trap finally springing? Matthew Piepenburg, Partner at Von Greyerz, joins Jeremy Szafron, Senior Anchor at Kitco News, to break down the massive disconnect between Main Street reality and Wall Street fantasy. As 30-year U.S. Treasury yields hover near 5% and real wages fall, Piepenburg explains why the bond market has taken control away from the Federal Reserve. They discuss the immediat...