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U.S. 10-Year Yield Hits 5.34% on Rate-Hike Bets

By Drooid · Oct 1, 2026, 3:42 PM UTC · How we work

Summary

Story summary

U.S. Treasury yields climbed to a 24-year high, with the 10-year note at 5.34% on Oct 1.
The 10-year yield rose 0.87 percentage point quarterly, the largest jump since Q1 1994.
Fed Governor Lisa Cook said inflation remains too high, reinforcing expectations of a rate hike.
CME FedWatch indicated a 38% chance of a 25-bp hike in October and 90% in December.

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Story summary

U.S. Treasury yields climbed to a 24-year high, with the 10-year note at 5.34% on Oct 1.
The 10-year yield rose 0.87 percentage point quarterly, the largest jump since Q1 1994.
Fed Governor Lisa Cook said inflation remains too high, reinforcing expectations of a rate hike.
CME FedWatch indicated a 38% chance of a 25-bp hike in October and 90% in December.