{
  "id": 10810720,
  "title": "US 30-year Treasury yield rises to highest since 2002",
  "url": "https://urgent.news/2026/09/29/us-30-year-treasury-yield-rises-to-highest-since-2002",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T22:37:31.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/international/us-30-year-treasury-yield-rises-highest-2002"
  },
  "original_language": "en",
  "account": "The 30-year Treasury yield surged to its highest level since 2002, reflecting heightened inflation concerns and increasing corporate debt, according to market data. This milestone comes amid a broader decline in global debt markets, as investors anticipate possible further interest rate hikes from central banks, including the U.S. Federal Reserve. The 30-year rate rose to 5.61 percent, surpassing a level not seen since the low-rate era following the 2008 financial crisis and the COVID-19 pandemic. Michael Cloherty, head of US interest rate strategy at CIBC Capital Markets, noted that the long end of the yield curve appears to be cheap by historical standards, while investors await the anticipated value buyers. Federal Reserve Bank of New York President John Williams suggested a possible one further upward adjustment to the central bank's target range for a US overnight lending rate by late 2026, which helped moderate market expectations of rate hikes. The two-year yield, which is more sensitive to Fed outlook changes, declined as much as five basis points to settle around 4.89 percent. Despite rising business activity and concerns over government debt levels, the sell-off in Treasuries has been significant, with the market down 2.6 percent in 2026 compared to a 6.3 percent gain in 2025. The ongoing U.S.-Iran war, fiscal concerns, and a hawkish Fed stance have raised risks of further losses in the fixed income sector, potentially spilling over into equities.",
  "summary": "The leg higher comes as inflationary angst and hefty corporate debt supply weigh on the market",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "US 30-year Treasury yield rises to highest since 2002 on deepening debt market sell-off",
        "url": "https://urgent.news/2026/09/29/us-30-year-treasury-yield-rises-to-highest-since-2002-on-deepening",
        "published": "2026-09-29T22:37:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}