Bloomberg Surveillance · Saturday, September 26, 2026
Yields on 10-year U.S. Treasuries have reached their highest point since 2007, trading at 5.16%, with the five-year yield also surpassing 5%. This marks a significant shift from the era of zero interest rates and is described as a 'game changer' that will impact consumers, corporations, and governments.
“Speaking of surging interest rates, yields on the 10-year are at the highest since 2007. You can see they're 5.16%. The five-year yield is trading above 5%.”
“Bring up the bond boards here at Bloomberg, and all of a sudden you're seeing 5% all along the curve. And what's interesting, you think about U.S. Treasuries, really the global bellwether, right? So whether it's the impact on consumers, on corporations, on governments. This is a game changer.”