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10-Year Treasury Yield Hits 24-Year High — SkimNews

By Google News Business · Summarized & edited by · 2026-09-30
10-Year Treasury Yield Hits 24-Year High

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Why it matters: A 24-year high in the 10-year yield — paired with Treasuries' worst quarter since 1994 — directly reprices borrowing costs for mortgages and corporate issuers, while the cooler PCE print is already shifting Fed expectations away from an October hike, creating cross-asset volatility.

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