DAILY BRIEF
U.S. 10 Year Treasury tops 5.25% as yields continue to climb, 10s -1bp · Mon 28 Sep 2026
Treasuries (close 2026-09-25): 2s 4.81% (-6.0bp), 10s 5.17% (-1.0bp), 30s 5.49% (+2.0bp).
Tape (close 2026-09-25): VIX 14.21, 2s10s +36bp.
Narrative: Key US Data This Week Seen Bolstering Case for October Rate Hike
What mattered:
• U.S. 10 Year Treasury tops 5.25% as yields continue to climb
• Fed's Cook says AI demand 'broadening' to increase inflation
• Ten-Year Yield Jumps To Highest Closing Level Since June 2007
• US 10-year yield revisits 2007 heights as curve flirts with inversion
• Fed’s Cook sees further inflationary pressures ahead