BondsMedium•29 September 2026•
1 min read
US Stocks Slump as Treasury Yields Hit Highest Level Since 2002
Key Facts
1US stock indices deepened their losses as Treasury yields surged to their highest levels since 2002.
US stock indices deepened their losses as Treasury yields surged to their highest levels since 2002. Investing.com reported that the spike in yields triggered a significant sell-off across major indices on September 29, 2026.
The climb in bond yields to a 24-year high is putting direct pressure on equity valuations, leading to a slump across Wall Street. This movement follows a period of continued volatility in the US Treasury market which has weighed on investor sentiment.