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Treasury yields jump as September core inflation runs hot

Original: Less affordable every day. "10-year Treasury yield jumps as September core inflation comes in hotter than expected" # Po

The 10-year Treasury yield moved higher after US government data showed September core inflation came in hotter than expected, a sign that price pressures remain persistent. Investors read the print as reducing the odds of near-term interest rate cuts, pushing borrowing costs up across mortgages and other loans. Commenters online are framing it as another step toward declining affordability for ordinary households.

Why now: Fresh inflation data surprised markets and investors are repricing interest-rate expectations.

10-year TreasuryUS Federal ReserveUnited States

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Rank over time, top of the chart is #1. 11 snapshots from 2 d ago to 1 d ago.

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