Treasury Yields Stabilize Amid Fed Hike Fears and Soaring Oil Prices

A selloff in US Treasury yields stabilized in early Asian trading on September 29, 2026, after surging to multi-year highs due to concerns over inflation and a possible interest rate hike by the Federal Reserve.

The yield on 10-year Treasuries was little changed at 5.23% after rising as much as 11 basis points to its highest level since 2007.

Australian government bonds were also steady ahead of a central bank monetary policy decision later in the day.