{
  "id": 10819028,
  "title": "US 30-year treasury yield rises to highest level since 2002",
  "url": "https://urgent.news/2026/09/30/us-30-year-treasury-yield-rises-to-highest-level-since-2002",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T00:36:00.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/us-30-year-treasury-yield-rises-to-highest-level-since-2002"
  },
  "original_language": "en",
  "account": "Yields on US Treasury's longest-dated bond surpassed 5.61% on September 29th, marking the highest level since 2002. This surge came amidst a deepening selloff across global debt markets, driven by inflationary concerns and the supply of corporate debt. Michael Cloherty, head of US interest rate strategy at CIBC Capital Markets, noted that the long end of the yield curve still appears relatively cheap compared to historical standards, and investors have yet to see a significant buyer in this area. The rise in yields follows a months-long slide in the US$32 trillion Treasuries market, as elevated oil prices from the Middle East war contribute to central bank expectations of further interest rate hikes. Fed President John Williams suggested that \"one further upward adjustment\" to the central bank's target range for the US overnight lending rate may be appropriate late this year. The 10-year yield also hit a level near its highest since 2007, while two-year yields remain below 5%. While September is historically a difficult month for bonds, with a median loss of 0.9% in the past decade, the ongoing geopolitical tensions and hawkish Fed policies raise the risk of further volatility extending into October.",
  "summary": "The 30-year rate surpassed 5.61% on Sept 29 to touch a level last seen in 2002.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "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."
}