US surgeon general nominee made $270,000 from supplement company

Billy Odell Tucker-Robinson Founder & Host — Banking With Billy Network • Financial Intelligence • Markets • World News • Independent Analysis
Published: 2026-09-15 • Permanent link

Fears of a financial meltdown gripped Wall Street yesterday as the 10-year Treasury yield surged past 19.5%, marking the highest level ever recorded. JPMorgan Chase and Goldman Sachs were among the major players left reeling from the sudden and unprecedented rise, with their stock prices plummeting in response. The yield's explosive growth has left traders scrambling to adjust their portfolios, with many scrambling to sell off assets before the market takes a further downturn.

Economists warn that the yield's sudden spike could have far-reaching consequences for consumers, who may see higher interest rates and reduced borrowing power. The impact on the broader economy could be severe, with some experts predicting a slowdown in economic growth and increased inflation. As investors continue to reel from the shock, analysts are urging caution and advising against making any major financial decisions until the market stabilizes.

Experts point to the recent rise in inflation as a contributing factor to the yield's surge, with many warning that the Federal Reserve's efforts to curb inflation may have backfired. Since last quarter, the Fed has raised interest rates five times, in an effort to combat rising prices and keep the economy on track. However, some experts argue that the rate hikes may have been too aggressive, and that the Fed should consider easing its stance to avoid a potential economic downturn.

As the yield continues to fluctuate, investors will be watching closely for any signs of stabilization, with some experts predicting a potential correction in the coming weeks. With the confirmation hearing for Dr. Nicole Saphier, the US surgeon general nominee, looming, some are questioning whether her tobacco investments will become a major issue. The outcome of the hearing will be closely watched, with many hoping that Saphier's nomination will not be derailed by her past business dealings.