Source: Cato Institute
by Ryan Bourne & Nathan Miller
“The 10-year Treasury yield exceeded 5.3 percent yesterday—its highest intraday level since 2002. It has risen by roughly half a percentage point this month. Given the scale of the US debt that needs refinancing and projections for ongoing annual federal deficits, such a surge in government borrowing costs could be a big deal for US interest spending levels and, ultimately, the path of the debt itself.” (10/01/26)
https://www.cato.org/blog/persistently-higher-treasury-yields-could-add-trillions-debt-over-10-years