Macro Finance
US Benchmark Yield Hits Highest Since 2002 as Bonds Sell Off
Bloomberg Markets·October 1, 2026·1 min read
The US benchmark yield climbed to the highest since 2002 as rising oil prices drove a renewed selloff in global bonds. The surge reflects inflation fears and expectations of tighter monetary policy, impacting borrowing costs worldwide. Investors are bracing for further volatility in fixed-income markets.
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