10-year Treasury yield leaps to fresh 19-year high after hot economic readings
Brent and West Texas Intermediate crude extended their sixth straight decline as traders weighed Federal Reserve comments and upcoming U.S. labor data.
- On Wednesday, September 23, 2026, US shares dropped while the benchmark 10-year Treasury yield jumped to 5.054%, its highest level since 2007, after data showed business activity accelerated to a more than five-year high.
- S&P Global reported the flash US Composite PMI Output Index increased to 58.4 this month, its highest level since July 2021, fueling expectations for further Federal Reserve interest rate hikes.
- Fed funds futures traders are now pricing in 73% odds of an October rate hike, while the interest-rate sensitive 2-year Treasury yield rose to 4.862%, marking its highest level since June 2024.
- Higher interest rate expectations pushed the dollar to multi-week highs against the euro, which dropped 0.5% to $1.1389, as analysts noted the data underscores the Federal Reserve's hawkish policy stance.
- Brent crude oil futures for November delivery fell 0.8% to $98.49 a barrel, marking the longest losing streak since August 2025, as markets balance economic data against ongoing geopolitical uncertainties.
21 Articles
21 Articles
The revenues of the 30-year-old American Treasury's titles were moving towards the highest income since 2004. Rates, however, were slightly reduced after the organ's announcement of intervention. The so-called 10-year-old Treasurys reached the maximum of 5.074%, the highest level for an income since June 2007, and were moving to exceed the mark and exceed the maximum since 2004. The 30-year-old role reached 5.38%, the highest level since the glo…
(New York = Yonhap News) Correspondent Kim Yeon-sook = The yield on the U.S. 10-year Treasury bond, the global interest rate benchmark, surged again on the 23rd (local time), reaching its highest level since 2007...
10-Year Treasury Yield Hits a New High, Sending Tech Stocks Lower
The 10-year yield hit 5.058%, its highest yield since 2007. The 5% mark is generally considered critical for investors since yields at this level weigh on earnings, particularly for growth names.
10-year US Treasury yields surges over 5.05% to 19-year high
The 10-year US Treasury yield climbed to 5.058%, its highest level since July 2007, as fresh services and manufacturing data raised concerns about further Federal Reserve rate hikes. Rising yields intensified pressure on equities, particularly growth and technology stocks.
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