Business
US Treasury yields hit multi-decade high, approaching 6%
October 6, 2026 at 11:34 AM · Updated 10d ago
Coverage
4 reports · over 20 hours
US Treasury yields have climbed to multi-decade highs, with the 10-year note above 5.3% and the 30-year approaching 6%.
- The 10-year Treasury yield reached 5.31% and the 30-year 5.66% on October 5, 2026, the highest levels in over two decades.
- The Federal Reserve raised its benchmark rate by 25 basis points to 3.75%–4% in September, citing persistent inflation.
- The Congressional Budget Office projects a $1.9 trillion federal deficit for fiscal 2026, about 5.8% of GDP.
- The Treasury raised its buyback limit on long-dated bonds from $2 billion to $4 billion per operation.
- Bridgewater founder Ray Dalio warned that US Treasury yields could face more pressure if China and Japan reduce their role in financing US debt.
- US borrowing costs for low-rated companies surged to 17%, the highest level since 2020, as Treasury yields held near multi-decade highs.


