Treasury yields hit 20-year high
The gist
The 30-year Treasury yield hit 5.46%, its highest since 2004, as oil prices climbed.
Rising yields raise borrowing costs for governments, companies and households worldwide.
How it unfolded
- Sep 23, 2026The 10-year Treasury yield rose as high as 5.08%, its highest since June 2007, and the 30-year hit 5.38%, a level not seen since before the global financial crisis. Brent oil rose above $101 a barrel and U.S. crude jumped to nearly $92.
- Sep 23, 2026The 10-year yield closed around 5.11%, its highest since 2007 and its sharpest one-day increase since April 2025, the worst session for U.S. government bonds in almost 18 months. The Japanese 10-year bond yield hit a three-decade high of 3.08%.
- Sep 24, 2026The 30-year Treasury yield climbed to 5.46%, the highest since 2004, while the 10-year hit 5.14% and the 2-year rose to 4.908%. West Texas Intermediate traded above $95 a barrel and Brent above $107.