10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace — Live Feedhttps://www.live-feeds.com/feed/10-year-treasury-yield-hits-highest-level-since-2002-as-global-bond-rout-gathers-paceContinuously updated, source-cited coverage. 10-Year Treasury Yield Hits Highest Level Since 2002https://www.live-feeds.com/feed/10-year-treasury-yield-hits-highest-level-since-2002-as-global-bond-rout-gathers-pacehttps://www.live-feeds.com/feed/10-year-treasury-yield-hits-highest-level-since-2002-as-global-bond-rout-gathers-pace#u96755Sat, 03 Oct 2026 12:30:08 +0000The 10-year Treasury yield rose to its highest level since 2002 amid a deepening global bond sell-off. The benchmark yield increased 4 basis points to reach 5.3338% according to LSEG data. This upward pressure on yields stems from mounting market pressure due to federal budget deficits and follows the worst quarter for U.S. Treasuries since 1994. The rising yields are impacting consumer borrowing costs including mortgage rates, credit cards, and auto loans, while also triggering market volatility across global stocks and Asian markets.Why it mattersGlobal bond markets are experiencing intense