BondsMedium•2 October 2026•
1 min read
US Treasury Yields Hit 24-Year Highs Amid National Debt Concerns
Key Facts
1Yields on 10-year and 30-year US Treasuries reached their highest levels since 2002.
2Strategist Peter Schiff warned that the cost of servicing the national debt is set to rise significantly.
Yields on 10-year and 30-year US Treasuries reached their highest levels since 2002. Benzinga reported that the surge in long-term yields follows a global bond sell-off, marking levels not seen in 24 years.
Strategist Peter Schiff warned that the cost of servicing the US national debt is set to rise significantly. The bond market movement reflects growing fiscal concerns regarding the sustainability of debt obligations as borrowing costs continue to climb.