U.S. 10-year Treasury yield reportedly climbs above 5%

A user’s September 23, 2026 commentary says the 10-year Treasury yield rose above 5% to its highest level in about 19 years. It describes the Dow falling more than 300 points and the Nasdaq dropping more than 1%, with higher yields and rebounding oil prices weighing on stocks. The user argues that strong economic data became bad news for equities by reviving expectations of further Fed rate hikes.