Topic
Rates and Yields
The price of long money and what it costs the physical economy: Treasury yields, the shape of the curve, and the channel from US rates into trade credit, inventory financing and freight.
Data for this topic
- The 10-year rose 1.34 points. The real yield was 1.23 of themMacroeconomics & policy
The US 10-year yield reached 5.31% on 5 October 2026, its highest since May 2002. Of its 1.34-point rise from 27 February, 1.23 points was the real yield.
- The rupee fell through a rate rise, then rose 1.4% in two fixingsMarkets
Three of the RBI archive's four weakest rupee fixings came on 7–9 October. From the 9th to the 13th, across five policy announcements, the rupee gained 1.4%.
- The 30-year is not high. The last 19 years were low.Macroeconomics & policy
The long bond at 5.16% is being read as a 2007 high. Against its own 49-year history it sits below the median — and one thing about this week is genuinely new.
