17/09/2026
The US 10-year Treasury yield this week cracked a major and potentially concerning milestone.
The benchmark 10-year Treasury yield, which sets the baseline for long-term borrowing costs in the US, crossed the psychological threshold of 5 per cent on Tuesday (AEST), its highest level since October 2023. Higher energy prices, renewed inflation concerns, expectations for tighter Federal Reserve policy, and concerns around US government borrowing all contributed to the rise.
The Federal Reserve FOMC followed suit on Thursday morning (AEST) by lifting US interest rates for the first time in three years, as expected, to 3.75–4%.
Sources: Saxo; Bloomberg; Financial Times; ABC News (US). Data current as of 15 September 2026.
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