ForexMediumUpdated•Originally published 1 October 2026•Updated 1 October 2026•
1 min read
EUR/USD Breaks Below 1.13 as US 10-Year Treasury Yield Hits 5.34%
Key Facts
1The US 10-year Treasury yield rose to approximately 5.34% as the fourth quarter opened.
2The EUR/USD pair broke below the 1.13 support level as the US Dollar continued its upward momentum.
The US 10-year Treasury yield rose to approximately 5.34% as the fourth quarter of 2026 opened. ActionForex reported that the EUR/USD pair broke below the 1.13 support level during this period as the US Dollar maintained its upward momentum against major peers.
Global sovereign bonds extended a significant selloff, pushing yields to multi-decade highs. This movement follows a trend of persistent inflation concerns, with the Euro having declined nearly 2.5% in September before breaching its current support level on October 1, 2026.
Latest Updates · 1
- Notable·
Update: The EUR/USD pair hit a 17-month low of 1.1265 on October 1, 2026. The single currency faced additional pressure from rising oil prices and mounting economic strain within the Eurozone.