Treasuries Slump Pushes Long-End Yields to Fresh 24-Year Highs, 10s +4bp · Mon 05 Oct 2026

Treasuries (close 2026-10-02): 2s 4.83% (+5.0bp), 10s 5.28% (+4.0bp), 30s 5.63% (+2.0bp).

Tape (close 2026-10-02): VIX 15.31, 2s10s +45bp.

Narrative: Asian stocks rise as weak U.S. jobs data eases Fed hike bets; Japan surges

What mattered:

• Treasuries Slump Pushes Long-End Yields to Fresh 24-Year Highs

• United States ISM Services Prices Paid rose from previous 72.6 to 74 in September

• Activity surges higher as new order growth hits four-and-a-half-year high Rate of job creation strongest since June 2022 Input cost inflation reaccelerates

• BMO’s Davis Sees Long Bond Heading Toward ‘Inevitable’ 6% Yield

• BMO's Davis Says 30-Year Treasury Yields Will Hit 6%