U.S. Borrowing Costs Top 5% as Oil Prices Jump

U.S. government borrowing for 10 years now costs over 5% a year. That rate passed 5% on Sept. 15, 2026, as oil prices spiked, Reuters reported. It helps set mortgage and savings rates. When oil gets pricier, everyday prices can rise too, making long-term loans costlier for families and businesses.