World & BusinessTreasury yields reportedly climb past 5% as Fed rate-hike bets grow
The Washington Post says the 10-year yield rose above 5.1%, a level not seen in nearly two decades, and warns that average 30-year fixed mortgage rates near 7% could rise further.
TLDR
Treasury yields kept rising on September 24, 2026, after the 10-year reached a 19-year high the day before, CNBC reports. Reuters links the surge above 5% to strong economic data, energy pressures and expectations of more Federal Reserve rate hikes.
Stocks fell, too: MarketWatch reports that the Nasdaq ended sharply lower and the Dow lost 350 points on September 23. The Washington Post says the 10-year yield, which influences mortgage rates, rose above 5.1%. It warns that borrowing costs could rise further for homebuyers already facing average 30-year fixed mortgage rates near 7%.
Treasury yields reportedly climb past 5% as Fed rate-hike bets grow
The Washington Post says the 10-year yield rose above 5.1%, a level not seen in nearly two decades, and warns that average 30-year fixed mortgage rates near 7% could rise further.