BondsMedium•1 October 2026•
1 min read
US 10-Year Treasury Yield Hits Highest Level Since 2002
Key Facts
1The US 10-year Treasury yield surged to its highest level since 2002, triggering a decline in gold prices.
The US 10-year Treasury yield surged to its highest level since 2002. Investing.com reported that this spike in yields triggered a decline in gold prices, placing downward pressure on the precious metal.
The move reflects a market adjustment to higher-for-longer interest rate expectations and shifting macroeconomic conditions. This surge impacts non-yielding assets like gold, occurring alongside recent economic data such as US Initial Jobless Claims, which were reported at 197,000 on September 24, 2026.