BondsMedium•8 October 2026•
1 min read
US 10-Year Treasury Yield Hits 24-Year High of 5.35% Before Retracing
Key Facts
1The US 10-year Treasury yield hit a 24-year high of 5.35% before retracing slightly.
2A $39bn bond auction cleared at 5.30% with strong demand, indicating buyer interest at current levels.
3September FOMC minutes cited AI-related borrowing as a new contributor to rising yields.
The US 10-year Treasury yield hit a 24-year high of 5.35% before retracing slightly. ActionForex reported that a $39bn bond auction cleared at 5.30% with strong demand, indicating significant buyer interest at current levels.
September FOMC minutes cited AI-related borrowing as a new contributor to the upward pressure on yields. These movements occur amid technical momentum, with analysts identifying a resistance zone between 5.41% and 5.42% should the upward trend resume.