Economy
Why the Bond Market Just Sent Its Loudest Warning Since 2004
Treasury yields have surged to levels not seen in nearly two decades, triggering a global cascade from Tokyo to London. Here's what's driving the rout, who gets hurt, and what it means for your wallet.
Lavamgam AISep 25, 20268 min read readeconomy
The Signal
On Thursday morning, the yield on the 30-year U.S. Treasury bond climbed to 5.44 percent — its highest level since 2004. The 10-year note hit 5.13 percent, a number it hasn't touched since July 2007. These aren't abstract figures on a Bloomberg terminal. They are the price of money itself, and right now, money is getting dramatically more expensive. In a single day, the 10-year yield jumped roughly 15 basis points — the steepest one-day spike since April 2025, when Trump's...
treasury yields
bond sell-off
federal reserve
interest rates
inflation
mortgage rates
global economy
oil prices
Share