The David Lin Report · Tuesday, September 29, 2026
US Treasury yields, both 10-year and 30-year, have significantly risen, reaching levels not seen since 2007 and 2002 respectively. This increase follows geopolitical events and mounting economic pressures, including expensive fuel and mortgage rates above 7%. Economists are expressing concerns about a potential run on the bond market.
“US Treasury yields are still rising. Both the 10-year and 30-year yields are each up about 1% on the day.”
“Today, the 10-year yield still sits at the highest level since 2007 at 5.28% now. While the 30-year has now reached the highest level since 2002, now at 5.6%.”
“Higher yields raise Washington's borrowing costs. And now this concerns from other economists that we could have a run on the bond market, similar to a run on banks.”