10-year Treasury yield reportedly hits 19-year high as rate-hike bets grow
The Washington Post reports the 10-year yield rose above 5.1% and says borrowing costs could climb further for homebuyers facing average 30-year fixed mortgage rates near 7%.
TLDR
CNBC reports Treasury yields continued rising on September 24, 2026, after the 10-year yield reached a 19-year high. Reuters links the surge above 5% to strong economic data, energy pressures and expectations of more Federal Reserve rate hikes.
Stocks also fell: 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 says borrowing costs could rise further for homebuyers already facing average 30-year fixed mortgage rates near 7%.
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