{
  "id": 11149757,
  "title": "US Treasury Yields hit 24-year highs amid energy-driven inflation concerns",
  "url": "https://urgent.news/2026/10/01/us-treasury-yields-hit-24-year-highs-amid-energy-driven-inflation",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T08:41:49.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/us-treasury-yields-hit-24-year-highs-amid-energy-driven-inflation-concerns-202610010841"
  },
  "original_language": "en",
  "account": "US Treasury yields hit a 24-year high due to concerns over persistent, energy-driven inflation that could result in stricter monetary policy. The 10-year yield reached 5.33%, while the 30-year yield peaked at 5.67%. The two-year yield experienced its second consecutive increase, reaching 4.92%. Oil prices remained high as the US and Iran failed to make progress in negotiations, even though there were signs of recovering Middle East supply flows. Deutsche Bank's Jim Reid described the situation as \"a tricky quarter,\" attributing the market stress to the re-escalation in the US-Iran conflict. Brent crude oil prices surged by 42% from their June lows, causing a significant global bond selloff and driving 10-year Treasury yields up for the seventh consecutive month since 2011. Although near-term Federal Reserve rate hikes have become less likely following weaker-than-expected inflation metrics, markets quickly adjusted, with short-term US yields and the US Dollar falling before rebounding. Analysts from MUFG/BTMU noted that the recent PCE deflator report showed a more substantial moderation in price pressures than initially expected, with the annual rate of change decreasing by 36 basis points instead of the anticipated 10-20 basis points. The August US Personal Consumption Expenditures (PCE) price index rose 0.3% month-over-month, while core PCE grew 0.2%, below the 0.3% consensus. On an annual basis, headline PCE inflation declined to 3.4%, well below the projected 3.7%. Market focus now shifts to Friday's US Nonfarm Payrolls report, with expectations of 90,000 jobs added in September and a stable unemployment rate of 4.1%.",
  "summary": "US Treasury yields climbed to 24-year highs amid growing concerns over persistent, energy-driven inflation that could prompt tighter monetary policy. At the time of writing, the 10-year Treasury yield rose to 5.33%, while the 30-year yield reached 5.67%.",
  "key_points": [
    "US Treasury yields hit 24-year highs at 5.33% for 10-year and 5.67% for 30-year",
    "Energy-driven inflation concerns prompt potential stricter monetary policy",
    "Oil prices surge 42% amid US-Iran conflict, fueling global bond selloff"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "The Peninsula Qatar Business",
        "title": "Dollar holds near two-month high as US Treasury yields rise",
        "url": "https://urgent.news/2026/10/01/dollar-holds-near-two-month-high-as-us-treasury-yields-rise",
        "published": "2026-10-01T07:19:40.000Z"
      },
      {
        "outlet": "FXStreet",
        "title": "US Dollar: Upward momentum holds as inflation eases – MUFG",
        "url": "https://urgent.news/2026/10/01/us-dollar-upward-momentum-holds-as-inflation-eases-mufg",
        "published": "2026-10-01T08:50:44.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Instant View: Bond markets take a drubbing again, 10-year Treasury yields highest since 2002",
        "url": "https://urgent.news/2026/10/01/instant-view-bond-markets-take-a-drubbing-again-10-year-treasury",
        "published": "2026-10-01T09:19:39.000Z"
      },
      {
        "outlet": "WSJ Economy",
        "title": "Strong nominal growth carries a message for Treasury yields. Read more in today’s WSJ Economics newsletter:",
        "url": "https://urgent.news/2026/10/01/strong-nominal-growth-carries-a-message-for-treasury-yields-read-more",
        "published": "2026-10-01T09:54:00.000Z"
      }
    ]
  },
  "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."
}