From Financialexpress · Sunil Dhawan · · 1m 10s
US Treasury Yields Hit Decades-Old Highs
US Treasury yields climb to 5.34% as inflation and AI debt pressure rise.
In brief
US Treasury yields climb to 5.34% as inflation and AI debt pressure rise. US 10-year Treasury yields hit 5.34% in October 2026, driven by oil prices, inflation, debt levels, and AI borrowing. Originally reported by Financialexpress.
US Treasury Yields Climb
US Treasury yields have climbed to levels not seen in decades.
10-Year Yield Hits 5.34%
The 10-year yield touched 5.34% on October 7, its highest since 2002.
30-Year Yield Spikes
The 30-year yield spiked to 5.69%, a 24-year high.
Recent Yield Fluctuations
The 10-year yield edged up to 5.12% after falling sharply in the previous session.
Inflation Data
The Producer Price Index rose 1.3% in September, up from 0.5% in August.
Fed Rate Hike Expectations
Markets see a 72% probability the Fed leaves rates unchanged this month.
Oil Prices Impact
Brent oil prices rose above $107, up over 20% in a month.
AI Debt Borrowing
Big tech issued nearly $280 billion of debt this year, competing with Treasuries.
US Debt Levels
US government debt has crossed $40 trillion with net interest spending topping $1 trillion.
The bottom line
US 10-year Treasury yields hit 5.34% in October 2026, driven by oil prices, inflation, debt levels, and AI borrowing.
