U.S. 10-year borrowing cost was 4.95% on September 10

4.95% was what the U.S. government paid to borrow for 10 years on September 10, 2026, according to FRED. Think of it as the base price lenders use to set home loans and long business loans. I read it as today's yardstick for valuing far-off payments, not proof of where rates go next.