US 10-Year Treasury Yield Hits 5.25% as Fed, Iran War and AI Spur Sell-Off
Updated
Updated · Yahoo Finance · Sep 28
US 10-Year Treasury Yield Hits 5.25% as Fed, Iran War and AI Spur Sell-Off
3 articles · Updated · Yahoo Finance · Sep 28
Summary
The 10-year Treasury yield climbed about 5 basis points to 5.25% on Monday, its highest since 2007, as a broad bond sell-off pushed long-dated US yields to multidecade highs.
The 30-year yield rose 6 basis points to 5.57%—a level last seen in 2004—while the 2-year gained 8 basis points to 4.93%, showing pressure across the curve.
Fed expectations remain the main driver after this month’s quarter-point hike and projections showing most policymakers expect at least one more increase, reinforcing a higher-for-longer rate outlook.
Oil-price pressure from the war in Iran, rising US debt and deficits, and heavy AI-related spending on data centers, chips and power have added inflation risks and intensified competition for capital.