Old National's former chief economist sees interest rates staying higher for longer
TLT•Recently retired chief economist Matt Finn said in analysis published November 10, 2026, that interest rates are likely to remain higher for longer, with rising inflation and term premiums pushing required yields higher.
1. Rates and economic outlook
Finn said rising inflation and term premiums reflect investor uncertainty and are pushing required yields higher, with implications for mortgage rates. The U.S. economy is growing, third-quarter earnings are expected to be robust, unemployment stands at 4.2%, and average monthly job gains of 50,000 are keeping the labor market stable.
