{"id":640133,"date":"2026-10-08T12:10:15","date_gmt":"2026-10-08T12:10:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/640133\/"},"modified":"2026-10-08T12:10:15","modified_gmt":"2026-10-08T12:10:15","slug":"u-s-treasury-yields-investors-await-30-year-bond-auction","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/640133\/","title":{"rendered":"U.S. Treasury yields: investors await 30-year bond auction"},"content":{"rendered":"<p>Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 28, 2026.  <\/p>\n<p>Brendan McDermid | Reuters<\/p>\n<p>U.S. Treasury yields climbed on Thursday as traders digested comments from a top Federal Reserve official while awaiting another long-dated bond auction. <\/p>\n<p>The benchmark <a href=\"https:\/\/www.cnbc.com\/quotes\/US10Y\/\" rel=\"nofollow noopener\" target=\"_blank\">10-year Treasury<\/a> yield was more than 5 basis points higher at 5.328%, near its highest level since 2002. The <a href=\"https:\/\/www.cnbc.com\/quotes\/US30Y\/\" rel=\"nofollow noopener\" target=\"_blank\">30-year Treasury<\/a> bond yield rose more than 3 basis points to 5.694% after trading just below a 24-year high in the previous session. The <a href=\"https:\/\/www.cnbc.com\/quotes\/US2Y\/\" rel=\"nofollow noopener\" target=\"_blank\">2-year Treasury<\/a> note yield rose more than 4 basis points to 4.81%. <\/p>\n<p>One basis point is equal to 0.01%, and yields and prices move in opposite directions.<\/p>\n<p>Fed Governor Christopher Waller said on Thursday that more hikes are needed to bring inflation down after around 5-and-a-half years above the central bank&#8217;s 2% target, but suggested rates did not need to rise immediately.  <\/p>\n<p>&#8220;The hikes do not need to come at consecutive meetings,&#8221; Waller told a Central Bank of Turkey forum in Istanbul. <\/p>\n<p>&#8220;But they should be in place in an acceptable period of time.&#8221;<\/p>\n<p>His comments come a day after minutes from the central bank&#8217;s September meeting officials expect they will raise interest rates again before the end of the year to head off inflation.<\/p>\n<p>Investors expect that the Fed will keep rates on hold at its next meeting on Oct. 28 and pull the trigger on a hike on Dec. 9.<\/p>\n<p><a id=\"headline0\"\/>Long-dated auction looms <\/p>\n<p>Investors are looking ahead to the third Treasury auction this week, taking place after midday. On Wednesday, the Treasury sold $39 billion of 10-year notes, with global central banks making up over 80% of the auction, above the auction average of 72.4%.<\/p>\n<p>The department sold $58 billion in 3-year notes on Tuesday, and is set to sell $22 billion of 30-year bonds on Thursday. <\/p>\n<p>&#8220;The 10-year auction has set the tone for the Treasury market \u2013 at least for the moment,&#8221; BMO Capital Markets&#8217; Ian Lyngen said in a note late Wednesday. <\/p>\n<p>&#8220;While the magnitude of the selloff between the September reopening and today&#8217;s auction might typically have been a reason to keep bidders on the sidelines, we take solace from the sponsorship even as it was the highest-yielding 10-year auction since November 2000.&#8221; <\/p>\n<p>Lyngen added that Thursday&#8217;s long-bond auction will be &#8220;the next barometer of demand for US debt in an environment of global deficit angst.&#8221; <\/p>\n<p>Investors will also await the release of the weekly initial jobless claims on Thursday and the Michigan Consumer Sentiment Preliminary for October on Friday. <\/p>\n","protected":false},"excerpt":{"rendered":"Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Sept.&hellip;\n","protected":false},"author":2,"featured_media":640134,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[158432,1577,114,357,1675,184,2784,85,159126,149061,152035,152033,46,2972,152086,159949,76118,66482,3309,34468,2788,4316,66481],"class_list":["post-640133","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-lco26k","tag-bonds","tag-business","tag-business-news","tag-economic-events","tag-economy","tag-government-debt","tag-il","tag-ishares-1-3-year-treasury-bond-etf","tag-ishares-20-year-treasury-bond-etf","tag-ishares-7-10-year-treasury-bond-etf","tag-ishares-u-s-treasury-bond-etf","tag-israel","tag-prices","tag-spdr-bloomberg-1-3-month-t-bill-etf","tag-spdr-portfolio-long-term-treasury-etf","tag-treasury-bills","tag-treasury-notes","tag-u-s-10-year-treasury","tag-u-s-2-year-treasury","tag-u-s-30-year-treasury","tag-u-s-economy","tag-u-s-treasury-bonds"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/640133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=640133"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/640133\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/640134"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=640133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=640133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=640133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}