10-Year Treasury Yield Rises to New 24-Year High

Live updates

1. 1h ago

   U.S. Treasury Yields Hit 24-Year Highs Amid Global Bond Sell-off

   U.S. Treasury yields have surged to their highest levels since 2002, with the 10-year yield reaching 5.34%. This spike is driven by a global bond sell-off and concerns over persistent, energy-driven inflation. While the 10-year yield exceeded 5.3%, the 30-year yield reached 5.67%. These rising yields have countered optimism in the tech sector, leaving the S&P 500 flat. Investors are currently weighing whether the Federal Reserve will hold or hike interest rates during its October decision.

   Why it matters

   Higher Treasury yields typically increase borrowing costs for mortgages and car loans. The current surge reflects a combination of rising debt supply and a hawkish outlook from the Federal Reserve. Global markets are also affected, with borrowing costs in France and the UK hitting multi-decade highs.

   What is confirmed

   • The 10-year Treasury yield reached its highest level since 2002.
   • The 30-year Treasury yield hit its highest level since 2002.
   • The 10-year Treasury yield exceeded 5.3%.
   • A global bond sell-off has contributed to the rise in U.S. yields.

   Still unconfirmed

   • The 10-year Treasury yield rose to 5.33% and the 30-year yield reached 5.67% due to energy-driven inflation.
   • The 10-year Treasury yield hit 5.306% as bets on the Fed's October rate decision swung.
   • The 10-year Treasury yield hit 5.34%.

   What to watch next

   • The Federal Reserve's interest rate decision in October
   • Further data on energy-driven inflation
   • Changes in U.S. debt supply levels
   Sources used for this update (16)

   1. Reuters — S&P 500 flat as higher bond yields counter tech optimism
   2. Barron's — 10-Year Treasury Yield Surges Toward 6%: What It Means for Stocks and Debt Markets
   3. CNBC — Pressure on U.S. Treasurys eases after 30-year yield hits highest level since 2002
   4. WSJ — Stock Market Today: Treasury Yields Slip, Giving Investors Some Reprieve — Live Updates
   5. WSJ — 10-Year Treasury Yield Rises to New 24-Year High
   6. MarketWatch — U.S. bond yields post biggest jump in a generation as global rout rattles investors
   7. Financial Times — Global bond sell-off deepens as Asian yields jump
   8. www.mitrade.com — US Treasury Yields hit 24-year highs amid energy-driven inflation concerns
   9. en.sedaily.com — 10-Year Treasury Yield Hits 24-Year High as Fed Bets Swing - Seoul Economic Daily
   10. www.mk.co.kr — The U.S. 10-year Treasury yield has soared to its highest level in 24 years, exceeding 5.3%. Althoug.. - ....
   11. finance.yahoo.com — Bonds steady as French borrowing costs hit 24-year high and UK 30-year yields top 6%
   12. 247wallst.com — Citadel’s Strategist Says History Favors a Year-End Rally. Here’s the Catch
   confidence 90%