US Dollar Hits New Highs as 30-Year Treasury Yield Reaches 5.60%
Key Facts
The U.S. Dollar climbed to new highs as traders focused on rising Treasury yields. Reuters reported that the 30-year U.S. Treasury yield reached 5.60%, marking a significant milestone for long-term interest rates. The surge in yields has provided a clear advantage for the greenback, attracting consistent capital flows into the currency.
The upward pressure on long-term rates impacted major currency pairs, including EUR/USD and USD/JPY, as the dollar index tested new price peaks. According to FX Empire, the yield advantage of the U.S. currency remains a primary driver for the current rally. These market movements were observed during the session on September 29, 2026, as the bond market sell-off continued to push yields higher.