October 2, 2026

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The 10-year Treasury yield is at its highest in nearly two decades. How we got here

Business CNBC
Image: CNBC

The benchmark yield has climbed to a 19-year high, fueled by sticky inflation, heavy bond issuance and an AI-fueled investment boom.

CNBC reported this story. Read the full report on cnbc.com →

This is a short summary. CNBC wrote and published the full report.

Continue on cnbc.com →

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