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World & Business

US 10-year Treasury yield reportedly touched 5.27% on September 28, a 19-year high

A commenter said the 10-year yield’s rise toward 5.3% had been building all month. They said the 30-year yield hit 5.55% on September 28, its highest since 2004.

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1 Source, 4h ago, first seen 4h ago

TLDR

A commenter said the 10-year Treasury yield touched 5.27% on September 28, a 19-year high, while the 30-year reached 5.55%, its highest since 2004. They said the S&P 500 fell 0.77% that session. They also put July’s headline PCE reading at 3.7% year over year, matching June and above the 3.6% forecast.

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1 Source, first seen 4h ago

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1 Source, first seen 4h ago

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@fuelmeupccThe 10-year sitting near 5.3% is the story here, and it has been building all month. The 30-year hit 5.55% on 28 September, its highest since 2004. The 10-year touched 5.27% the same day, a 19-year high, and the S&P 500 fell 0.77% in that session. Context for the PCE cooling, July's headline print was 3.7% year on year, matching June and above the 3.6% forecast.
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    1 Source

    @fuelmeupccThe 10-year sitting near 5.3% is the story here, and it has been building all month. The 30-year hit 5.55% on 28 September, its highest since 2004. The 10-year touched 5.27% the same day, a 19-year high, and the S&P 500 fell 0.77% in that session. Context for the PCE cooling, July's headline print was 3.7% year on year, matching June and above the 3.6% forecast.
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