U.S. Treasuries Rise Oct. 7 as 10-Year Yield Eases to 5.26%

U.S. Treasuries rose in afternoon trading Oct. 7, with yields backing away from highs as oil prices fell, Reuters reported. The benchmark 10-year yield — the interest rate that sets the tone for mortgages and other loans — retreated to around 5.26%, Reuters reported. I see brief breathing room for borrowers, not a turn.