Rebecca Patterson

Person

Rebecca Patterson is an American investor and macroeconomic researcher. She was Chief Investment Strategist at Bridgewater Associates and is associated with the Council on Foreign Relations and the Council for Economic Education.

Learn more

What Rebecca Patterson has said on podcasts

14 statements

on AI data-center construction and Treasury yieldsNegativeOct 2, 2026· Stock Movers
Data-center construction diverts workers and debt issuance pressures Treasury yields higher
“you don't have enough construction workers because they're all building data centers. You have pressure higher on Treasury yields because you are now competing with all that debt.”
Listen at 11:01
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Government bond yieldsNegativeOct 2, 2026· Stock Movers
Government bond yields are structurally resetting higher in a higher-for-longer regime
“I think we are in a higher-for-longer regime. I think government bond yields, again, across a number of markets are resetting higher structurally.”
Listen at 11:57
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Post-2008 near-zero interest-rate eraNegativeOct 2, 2026· Stock Movers
The post-2008 era of near-zero rates and very low yields will not return
“The era that we had for 20-some years after the financial crisis in '08, where we had zero interest rates and very low yields, that's not coming back.”
Listen at 12:08
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on US TreasuriesNegativeOct 2, 2026· Stock Movers
Investors should not add to Treasuries at current levels
“I would not be adding to Treasuries here.”
Listen at 13:04
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Treasury YieldsNegativeOct 2, 2026· Stock Movers
Treasury yields are likely to rise further
“I still think yields have more upside from here.”
Listen at 13:12
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Portfolio diversificationPositiveOct 2, 2026· Stock Movers
Investors should seek portfolio diversification beyond Treasuries
“I would be looking at other ways to have diversification in my portfolio.”
Listen at 13:15
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on U.S. services inflationNegativeOct 2, 2026· Stock Movers
Inflation remains sticky, particularly in services
“I think inflation sticky. It's still about service.”
Listen at 14:45
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Federal Reserve interest ratesPositiveOct 2, 2026· Stock Movers
The Federal Reserve should continue raising interest rates because the economy is strong
“I think you still need to be raising rates right now. The economy is strong.”
Listen at 14:52
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Corporate earnings and stocksPositiveOct 2, 2026· Stock Movers
Strong earnings are currently offsetting higher yields and supporting stocks
“for now, earnings are providing a nice offset and that's keeping stocks supported.”
Listen at 15:27
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Stock-market earnings supportMixedOct 2, 2026· Stock Movers
The yield level that would overwhelm earnings support for stocks is unknown
“Where are yields so high that that discount rate, that borrowing rate overwhelms the earnings story? And we don't know where that is.”
Listen at 15:34
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on U.S. payroll growthNegativeOct 2, 2026· Stock Movers
Underlying U.S. payroll growth may be only 25,000 to 50,000 jobs
“the run rate of breakeven payrolls is the 25 to 50 that we started the year talking about”
Listen at 20:36
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on U.S. labor marketNegativeOct 2, 2026· Stock Movers
The U.S. remains in a low-hire, low-fire labor-market environment
“I think we're still in this low hire, low fire environment that Claudia spoke about.”
Listen at 20:43
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Global bond marketsNegativeOct 2, 2026· Stock Movers
Heavy bond supply, including hyperscaler issuance, is pressuring global bond markets
“part of it is just the glut of supply that's hitting the market. And the hyperscaler issuance has been huge.”
Listen at 21:37
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction
on Global bond marketsNegativeOct 2, 2026· Stock Movers
Global bond-market pressures are interconnected and feed into one another
“there is a much more global nature to it that just how— not that it's coordinated, but like that the pressure points from one to the other are all feeding into each other.”
Listen at 22:33
Open the episode · US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction

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.

Rebecca Patterson

What Rebecca Patterson has said on podcasts

2 episodes featuring Rebecca Patterson

Weak jobs report deepens the Fed’s policy dilemma

Weak jobs report strengthens higher-for-longer rate case