Macro Finance
US Benchmark Yield Hits Highest Since 2002
Bloomberg Markets·October 1, 2026·1 min read
US Treasuries rebounded from a global bond selloff, pulling 10-year yields back from a 24-year high, after briefly hitting the highest level since 2002. European markets experienced a sharp selloff on Thursday, which spread to US bonds. Bloomberg's Ira Jersey commented on the market dynamics, noting the rebound in US debt.
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