10-year Treasury yield nears 5.37%, 24-year high as stocks fall

The 10-year Treasury yield neared 5.37% on Oct. 7, 2026, a 24-year high, Investopedia reported. Yield is the return lenders demand to hold U.S. government debt. When it jumps, mortgages, credit cards and business loans get pricier. The S&P 500 and Nasdaq pulled back the same session as higher risk-free returns pressured stocks.