# US Bonds Hit 24-Year Highs as Oil Prices Rise

> US bond yields hit 24-year highs amid oil price jumps and SpaceX financing plans.
- Title: US Bonds Hit 24-Year Highs as Oil Prices Rise | Shortify
- Summary: US bond yields hit 24-year highs amid oil price jumps and SpaceX financing plans. US 10-year and 30-year bond yields reached 24-year highs as oil prices rose…
- Keywords: us bonds, oil prices, spacex, treasury yields, federal reserve, investment grade debt, yield curve, money, business, Bonds, Hit, 24-Year
- Source: The Economic Times — https://economictimes.indiatimes.com/markets/us-stocks/news/us-bonds-selloff-resumes-as-10-year-30-yields-hit-new-24-year-high/articleshow/134771853.cms
- Author: Reuters
- Published: 2026-10-07T17:31:00+00:00
- Read time: 1 min
- Topics: us bonds, oil prices, spacex, treasury yields, federal reserve, investment grade debt, yield curve, money, business
## US Treasuries Under Selling Pressure
US Treasuries faced renewed selling pressure on Wednesday as oil prices rose above $100.

> US Treasuries came under renewed selling pressure on Wednesday, driving yields on the benchmark 10-year note and 30-year bond to fresh 24-year highs as a jump in oil prices above $100 reignited worries that inflation may prove more stubborn than expected
## Oil Prices Rise Due to Supply Concerns
Brent crude rose 1.1% to $101.69 per barrel as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia.
## US Crude Prices Increase
US crude increased 1.34% to $90.64 a barrel.
## 10-Year Yield Hits 24-Year High
The benchmark 10-year yield climbed 4.4 basis points to 5.316% after hitting a 24-year peak of 5.364%.
## 30-Year Yield Touches 24-Year High
US 30-year yields also touched a 24-year high and were last 5.5 bps higher at 5.696%.
## SpaceX Seeking $40 Billion Financing
SpaceX is seeking $40 billion in financing to fund purchases of Nvidia chips.
## Yield Curve Steepens
The yield curve steepened on Wednesday with the spread between two-year and 10-year yields widening to 52.2 bps from 48.1 bps.
## Key takeaway

US 10-year and 30-year bond yields reached 24-year highs as oil prices rose above $100 and SpaceX sought $40 billion in financing.