DAILY BRIEF
10-year Treasury yield rockets to 19-year high. Here's what's driving · Wed 23 Sep 2026
Treasuries (close 2026-09-22): 2s 4.71% (-5.0bp), 10s 4.96% (+0.0bp), 30s 5.29% (+0.0bp).
Tape (close 2026-09-22): VIX 14.21, 2s10s +25bp.
Narrative: A Hawkish Fed Is Bad News for Borrowers. It's Good News for This Bank.
What mattered:
• 10-year Treasury yield rockets to 19-year high. Here's what's driving the spike
• Bonds Crash Most Since Liberation Day After Catastrophic 5Y Auction; 2nd Biggest Tail On Record
• Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes
• US Treasury yields soar most since ‘liberation day’ tariffs shook markets
• US Bond-Market Slide Deepens, Pushing Yields to Two-Decade Highs