U.S. 10-year Treasury yield tops 5%, hitting 5.004% on Sept. 15

The 10-year U.S. Treasury yield — the return on lending to Washington for a decade — reached 5.004% on Sept. 15, up 0.067, the Wall Street Journal reported. Higher yields typically mean pricier mortgages and business loans. Driving it: bets that Fed rates stay higher, on economic resilience and a higher long-run steady rate.