US Treasury to Sell $119B in Bonds at Highest Yields Since 2002

Key Facts

The US Treasury is set to sell $119 billion in long-term debt this week amid soaring borrowing costs. According to 247wallst.com, the government requires this funding for its debt obligations, conducting the auction at yields reaching levels not seen since 2002, which tests market demand during a period of high volatility.

The scheduled sales include $58 billion of three-year notes on October 6, 2026, $39 billion of ten-year notes on October 7, and $22 billion of thirty-year bonds on October 8. The ten-year yield stood at 5.315% at the October 5, 2026 close, while the thirty-year yield reached 5.670% on the same date, as market participants monitor whether weak demand might exacerbate the ongoing sell-off in the bond market.