https://www.live-feeds.com/feed/bond-market-bust-a-key-rate-just-blew-through-another-decades-old-recordContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/bond-market-bust-a-key-rate-just-blew-through-another-decades-old-recordhttps://www.live-feeds.com/feed/bond-market-bust-a-key-rate-just-blew-through-another-decades-old-record#u100795Mon, 05 Oct 2026 01:21:23 +0000The yield on the 10-year benchmark US Treasury note has reached its highest level since the dot-com bust of 2002. This surge is part of an unrelenting sell-off in the US bond market and a broader global bond rout. While yields have soared to a 24-year high, recent September employment data showing only 29,000 new jobs against an expected 84,000 has lowered expectations for further rate hikes. The probability of a Federal Reserve rate increase in October has dropped to approximately 18%.Why it mattersUS government bonds are the most important financial market globally and are typically viewed a