Videos · September 24, 2026 · 35 seconds
Treasury Yields at a 19-Year High
The 10-year Treasury yield just had its biggest one-day jump in a year and a half, to a level last seen in 2007. Four pressures hit at once, and mortgages, business loans, stocks, and the federal budget are all being repriced.
Read the full articleby Adam Canissario
Transcript
WHY MORTGAGE RATES JUST SURPASSED 7%
[THE SPIKE] A 19-year high.
- In September 2026, the cost of U.S. 10-year borrowing hit its highest since 2007.
- A booming economy, a rate-hiking Fed, and $100 oil pushed it up together.
- Mortgages, car loans, and business loans are priced off that rate.
[THE BILL] Now borrowing costs more.
- Average 30-year mortgage rates passed 7%, the highest since January 2025.
- The prime rate, which sets most credit card rates, has risen to 7%.
- Interest on the U.S. debt is projected to hit $2.1 trillion a year by 2036.
Read the full article at noozify.com. Images: Carol M. Highsmith (PD) Federal Reserve (PD) Paul Sableman (CC BY 2.0). Music: an original score for Noozify.