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10-Year Treasury Yield Hits 5.26%, Far Above CBO Forecast
Original: ⚡ NEWS US Treasury Yields Surge Past CBO Projections The 10-year Treasury note closed at 5.26%, significantly exceeding
The 10-year US Treasury note closed at 5.26%, well above the Congressional Budget Office's projected annual average of 4.1%. The surge in borrowing costs is pushing the government's annual interest bill toward $1 trillion, intensifying concern over the sustainability of US fiscal policy and debt servicing burdens.
Why now: Rising government borrowing costs and a ballooning interest bill are fueling alarm about US fiscal sustainability.
US TreasuryCongressional Budget OfficeUnited States
Evidence
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