JewishStatusOpen the app

Jewish News 24 · Oct 7, 2026

Jewish News 24 — photo status

The yield on the benchmark U.S. 10-year Treasury note climbed to about 5.35% Wednesday, its highest level since 2002, as investors sold government bonds ahead of the release of Federal Reserve meeting minutes. The rise is significant for Wall Street because higher Treasury yields increase borrowing costs and can make bonds more attractive compared with stocks. They also reduce the value of future corporate earnings, putting pressure on stock valuations. The increase comes as major stock indexes remain near record highs, supported by strong corporate earnings, economic growth and enthusiasm over artificial intelligence.

The yield on the benchmark U.S. 10-year Treasury note climbed to about 5.35% Wednesday, its highest level since 2002, as investors sold government bonds ahead of the release of Federal Reserve meeting minutes. The rise is significant for Wall Street because higher Treasury yields increase borrowing costs and can make bonds more attractive compared with stocks. They also reduce the value of future corporate earnings, putting pressure on stock valuations. The increase comes as major stock indexes remain near record highs, supported by strong corporate earnings, economic growth and enthusiasm over artificial intelligence.

Watch in the app All of Jewish News 24's statuses

More from Jewish News 24