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News · ▼ Bearish · 1 source confirmed · 2026-09-25 15:02 UTC

BREAKING: The US 30Y Note Yield rises to 5.53%, its highest level since June 2004. That's +25 basis points in 3 days as the bond market continues to drop sharply. We expect US mortgage rates above 7.50% today. https://t.co/bOaYLUOzFm

Why now

Thesis: Long-end yields hit multi-decade highs

Catalyst to watch: Auction demand and inflation data

Main risk: Yields may reverse on dovish data

Why it matters

30Y yields at 2004 highs raise borrowing costs across mortgages and corporate credit, pressuring rate-sensitive assets.

Details

BREAKING: The US 30Y Note Yield rises to 5.53%, its highest level since June 2004. That's +25 basis points in 3 days as the bond market continues to drop sharply. We expect US mortgage rates above 7.50% today. https://t.co/bOaYLUOzFm

Related assets & topics

Treasury BondsHousing

Sources

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