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Citadel's Griffin Warns of Bond Vigilantes' Return

1/24/2026

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Story summary
  • Ken Griffin, Citadel LLC chief executive, warned bond vigilantes may return without fiscal reform.
  • Speaking at the World Economic Forum, he cited Japan's bond sell-off tied to policy concerns.
  • Griffin said rising US deficits have pushed long-end yields and synchronized stock and bond prices.
  • He warned that risky Treasurys would raise borrowing costs, hurting mortgages, with inflation risks from U.S. President Donald Trump’s policies.