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Treasury yields rise as Fed's Waller says more hikes needed, investors await 30-year auction

Summary by CNBC
U.S. Treasury yields climbed higher on Thursday as investors eagerly awaited the long-dated bond auction later in the day, after strong sales of 10-year notes.

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The focus is on statements by a member of the US Federal Reserve (Fed) board that additional interest rate hikes may be needed.

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US long-term interest rates rose on Thursday after Federal Reserve Board member Christopher Waller said that further interest rate hikes are likely necessary to curb inflation in the country.

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CNBC broke the news in Englewood Cliffs, United States on Thursday, October 8, 2026.
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