Government's 30-Year Borrowing Cost Hits 24-Year High

America’s cost to borrow for 30 years hit a 24-year high on October 7, 2026, Reuters reported. Think of it as the interest rate the government must pay. It kept rising even as a strong sale of 10-year loans calmed wider selling. I read that pressure at the long end as what makes home loans and business loans pricier.