treasury yield latest

The 10-year Treasury yield closed at 4.86% on September 9, 2026 — its highest since November 2023 — and the 30-year ended near 5.29%. Yields have climbed through 2026 as an energy shock (Brent above $100), sticky inflation, and heavy Treasury issuance collided with a hawkish Fed.

The long end is the pressure point: the 30-year has spent most of 2026 above 5%, a level last seen in 2007, even as headline inflation cooled from its spring peak. That divergence — falling inflation, rising long yields — is the market questioning whether the Fed can get back to 2%.

Higher long yields raise mortgage and corporate borrowing costs and compress the value of long-duration growth stocks, without the Fed having to move. Watch the 10-year around 4.8% — the level that spooked equities this week.