Treasury Yields Hold at 2-Decade Highs

2026-09-25 01:30 By Jam Kaimo Samonte 1 min. read

The yield on the US 10-Year Treasury note held just below 5.2% on Friday, remaining near its highest level since 2007, while the 30-year yield stood around 5.48%, its highest since 2004.

Borrowing costs have climbed as elevated oil prices and resilient US economic data fueled inflation concerns, strengthening expectations that the Federal Reserve may tighten policy further.

Markets are currently pricing in roughly a 67% probability of a Fed rate hike in October, following the first increase in three years last week.

Meanwhile, the US Treasury Department on Thursday repurchased $4.078 billion of 20- and 30-year bonds as part of its ongoing buyback program.

The amount fell short of the $10.4678 billion in bonds offered during the operations and was also below the $6 billion in debt the Treasury had said it planned to purchase.

Investors now await the University of Michigan consumer sentiment report and durable goods data on Friday for further clues on the strength of the US economy.



News Stream
Treasury Yields Hold at 2-Decade Highs
The yield on the US 10-Year Treasury note held just below 5.2% on Friday, remaining near its highest level since 2007, while the 30-year yield stood around 5.48%, its highest since 2004. Borrowing costs have climbed as elevated oil prices and resilient US economic data fueled inflation concerns, strengthening expectations that the Federal Reserve may tighten policy further. Markets are currently pricing in roughly a 67% probability of a Fed rate hike in October, following the first increase in three years last week. Meanwhile, the US Treasury Department on Thursday repurchased $4.078 billion of 20- and 30-year bonds as part of its ongoing buyback program. The amount fell short of the $10.4678 billion in bonds offered during the operations and was also below the $6 billion in debt the Treasury had said it planned to purchase. Investors now await the University of Michigan consumer sentiment report and durable goods data on Friday for further clues on the strength of the US economy.
2026-09-25
Treasury Yields Hold at Multi-Year Highs
The yield on the US 10-year Treasury note topped 5.15% before retreating slightly to around 5.1% on Thursday, remaining at 2007-highs. Meanwhile, the 30-year yield climbed above 5.44%, its highest level since 2004. Borrowing costs have risen as oil prices moved higher amid elevated tensions between the US and Iran, while talks on the sidelines of the UN General Assembly have made little progress toward ending the conflict. Higher energy prices are likely to add further pressure on inflation, particularly as US diesel prices hit a new record high. Against this backdrop, traders have increased bets on further Fed tightening this year. Markets are now pricing nearly a 64% chance of another 25 bps rate hike in October and more than a 48% probability of a similar move in December. Recent comments from several Fed officials have also been perceived as hawkish. Adding to pressure on the bond market, the September S&P Global PMI pointed to continued strength in US economic activity.
2026-09-24
US 10-Year Yield Hovers at 19-Year High
The yield on the 10-year US Treasury note held around 5.11% on Thursday after surging 16 basis points in the previous session, remaining near its highest level since July 2007 as strong economic data heightened inflation concerns and strengthened expectations for further policy tightening. The rise in Treasury yields accelerated following a weak $70 billion auction of five-year notes. S&P Global data showed US private-sector activity expanded at its fastest pace in more than five years in September, with both the services and manufacturing sectors improving while facing stronger inflationary pressures. Several Fed officials have also reaffirmed support for last week’s rate increase while warning of persistent inflation risks. Markets are now pricing in around a 70% chance of a Fed rate hike in October, up from 55% a day earlier. Meanwhile, uncertainty surrounding US-Iran negotiations continued to keep oil prices elevated, adding further pressure to inflation expectations.
2026-09-24