Treasury Yield Hits 5.732%, Highest Since June 2002

A U.S. Treasury yield hit 5.732% intraday on October 8, 2026, the highest since June 2002, per FactSet data reported by Morningstar. Yield is the annual return buyers demand to hold government debt. When it rises, mortgages, credit cards and business loans tend to get pricier. I'm watching whether buyers keep showing up for long-term debt.