U.S. Borrowing Cost Hits 5.732%, Highest in 24 Years

U.S. government borrowing hit 5.732% on October 8, 2026, intraday, the highest since June 2002, per FactSet data reported by Morningstar.

Think of it like the interest rate Washington must offer to borrow your money for years. When that rises, home loans, credit cards and business loans usually get pricier too. I'm watching if buyers keep buying long-term government debt.