Global bond sell-off resumes as 30-year Treasury yield hits highest since 2002

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The U.S. 30-year Treasury yield moved to its highest level since 2002, reaching 5.69% in one update and 5.7041% in another during Wednesday trading. The move coincided with pressure across other government bond markets and weaker U.S. futures later in the session.

Key claims & sources

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The 30-year U.S. Treasury yield reached 5.69%, the highest level since 2002.
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During Wednesday’s session, the 30-year U.S. Treasury yield climbed more than six basis points to 5.7041%, a level last seen in 2002.
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French, Italian and UK government bonds were also under pressure in volatile trading as the 30-year Treasury yield hit its highest since 2002.

What it means

U.S. rate watchers and investors in risk assets would notice the move in the 30-year Treasury yield immediately, because it was reported at the highest level since 2002 and was paired with pressure in other government bond markets. The same session also saw Dow Jones futures lower, so traders opened the next stretch of trading with weaker index futures than before.

Market reaction i

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Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

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Oct 7 11:42

What US 10-year Treasury has done before

WhenWhat happenedFigure
4 days ago US 10-year Treasury: 4.84 (-0.06) fall Nov 2026
5 days ago US 10-year Treasury: 4.9 (-0.05) fall Nov 2026
6 days ago US 10-year Treasury: 4.95 (+0.04) rise Nov 2026
7 days ago US 10-year Treasury: 4.91 (-0.03) fall Nov 2026
10 days ago US 10-year Treasury: 4.94 (-0.04) fall Oct 2026

FRED series, with the value of each release and its change.