Rising Bond Yields Threaten to Push Up U.S. Borrowing Costs. Here's What to Know.
Updated on: September 1, 2026 / 4:44 PM EDT / CBS News
TL;DR
- Treasury yields are rising globally, with the 10-year Treasury reaching its highest level since January 2025.
- The sell-off is attributed to high inflation, concerns about government debt, and rising energy prices.
- Rising yields can increase borrowing costs for Americans, impacting mortgages, auto loans, and credit cards.
- Savers with high-yield accounts and CDs may see increased earnings.
- Economists do not expect yields to decrease significantly in the near term, with volatility likely to persist.