US 10-Year Treasury Yields Surge to Highest Levels Since 2002
Key Facts
Yields on 10-year and 30-year US Treasuries reached highs not seen since 2002. MarketWatch reported that these benchmark yields surged to their highest levels in 24 years on Thursday, October 1, 2026, marking a significant milestone for the fixed-income market.
The rise comes as a global bond rout gathers pace and ahead of upcoming US jobs data, according to CNBC. This upward movement in yields is driven by a broader sell-off in international debt markets as investors adjust their positions in anticipation of critical labor market indicators.
Latest Updates · 2
- Notable·
Update: Nasdaq futures pared earlier gains on October 1, 2026, as investors weighed enthusiasm for AI against the pressure from the relentless Treasury selloff. This cooling in futures markets followed a period of strength in tech equities earlier in the session.
- Notable·
Update: The spread between French and German bond yields widened on October 1, 2026, as the global debt selloff accelerated. This movement was driven by investor concerns regarding fiscal deficits and the increasing volume of bond supply in sovereign markets.