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U.S. Treasury yields hit 24-year highs but expected to decline as energy shocks ease.

Market News
08 Oct 2026
CNBC
View Source
Neutral
U.S. Treasury yields hit 24-year highs but expected to decline as energy shocks ease.

U.S. Treasury yields on 10-year and 30-year bonds have surged to 24-year highs, driven by central bank rate hikes and increased corporate spending on AI infrastructure. David Zervos, a Treasury Department official, believes these yields are historically high and expects them to come down in the future, especially after the current energy shock from the U.S.-Iran conflict resolves. Despite rising borrowing costs impacting consumer loans, the longer-term outlook for rates and inflation remains stable, with further Fed rate hikes anticipated before year-end.

U.S. Treasury yields are 'really, really high' with expectations to come down soon. For readers following U.S. stocks, here is Pluang's market snapshot as of Oct 09, 2026 02:21 WIB: Of 150 priced US stocks, 76 rose and 73 fell. Micron Technology (MU) dropped 4.99% to USD 1,033.74 with 62% sell orders, Accenture (ACN) rose 4.79% to USD 206.06 with 60% sell orders, and Canopy Growth (CGC) fell 4.77% to USD 0.83.

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