The U.S. 10 year Treasury yield surged to 5.342% on October 1, 2026, hitting a 24 year high not seen since early 2002.
Market Drivers
• Strong GDP: Q2 U.S. growth upgraded to 2.2%.
• Sticky Inflation: Higher global energy and oil costs.
• Borrowing Pressure: Heavy government debt issuance.

#US10YearYieldNears5.3%