Cost of U.S. government borrowing falls to 5.26% after 24-year peak

5.26% is what 10-year U.S. government borrowing costs. Reuters says the rate fell to around 5.26% on Oct. 1, 2026, after hitting 5.342% that morning, as buyers stepped in. Think of a price tag: when buyers pay more for the IOU, the payout rate drops. I read that as buyers first holding out for more. That rewards savers, squeezes borrowers.