BondsMedium•5 October 2026•
1 min read
US 30-Year Municipal Bond Yields Cross 5% for First Time Since 2011
Key Facts
1Benchmark 30-year municipal bond yields crossed the 5% threshold, reaching their highest level since at least January 2011.
2A painful fixed-income selloff is eroding returns in state and local government debt.
Benchmark 30-year municipal bond yields crossed the 5% threshold, reaching their highest level since at least January 2011. Bloomberg reported that a painful fixed-income selloff is eroding returns in state and local government debt across the United States.
The surge is driven by a persistent selloff in the global fixed-income market, which has pushed yields higher across various debt instruments. This trend impacts fixed-income investor portfolios as bond prices fall, with yields hitting these multi-decade highs on October 5, 2026.