The yield on the 10-year US Treasury note rose past 4.8% in September, the highest since October of 2023, amid the risk of higher rates by the Federal Reserve, soaring supply of corporate debt, and concerns of a higher federal deficit. The US and Iran reignited strikes against each other and prolonged the period of halted energy supply from GCC countries. The resulting jump in oil and product prices added inflationary risks as multiple FOMC members flagging the possibility of a rate hike by the Federal Reserve this month, including Chairman Warsh and regional Fed presidents. Meanwhile, estimates that AI companies raised $1.5 trillion in debt this year limited primary dealers' allocation for government securities, also lifting yields. Lastly, Treasuries came under pressure on reports that Japan could intervene on the yen to cap its fresh rebound. The jump in yields was extended despite Treasury Secretary Bessent announcing an increase in the buyback of long-term securities.
The yield on US 10 Year Note Bond Yield eased to 4.78% on September 2, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.11 points and is 0.56 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the US 10 Year Treasury Note Yield reached an all time high of 15.82 in September of 1981. US 10 Year Treasury Note Yield - data, forecasts, historical chart - was last updated on September 2 of 2026.
The yield on US 10 Year Note Bond Yield eased to 4.78% on September 2, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.11 points and is 0.56 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The US 10 Year Treasury Note Yield is expected to trade at 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.48 in 12 months time.