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News · ▼ Bearish · 2 sources confirmed · 2026-09-24 04:04 UTC

US long-term borrowing costs touch highest level since 2004 - Financial Times

Why now

Thesis: US long-term borrowing costs hit multi-decade highs

Catalyst to watch: Treasury auctions and Fed guidance

Main risk: Deficit concerns worsen the selloff

Why it matters

Highest long-term US borrowing costs since 2004 raise fiscal and corporate financing burdens.

Related assets & topics

20Y+ Treasury ETF · TLT

Sources

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