This is what happens when the world’s largest economy, and most powerful nation are run by a corrupt, incompetent, greedy madman.
10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace PUBLISHED THU, OCT 1 2026 3:57 AM EDT UPDATED 3 HOURS AGO* U.S. Treasury yields hit their highest level in more than two decades on Thursday as a global bond sell-off deepened. The 10-year Treasury yield breached a level last seen in April 2002, rising 4 basis points to 5.3338%, according to LSEG data. The figure is key to rates for mortgage borrowing, auto loans and credit card debt.