- The benchmark 10-year Treasury yield climbed above 5.25% on Sept. 28, 2026, cementing levels as high as any since mid-2007.
- The surge was driven by a recent Fed rate hike, fast-rising crude prices, and a poorly received Treasury auction.
- TLT traded just under $79 near the bottom of its 52-week range, down almost 10% year to date, with a 4.95% dividend yield and the greatest rate sensitivity of the three ETFs.
- HYG and SHYG provide corporate credit exposure with less interest-rate sensitivity than TLT; SHYG's shorter duration offers more protection against further rate increases.
引述
“The 10-year Treasury yield rose above 5.25% on Sept. 28, its highest level since mid-2007, driven by a Fed rate hike, rising crude prices, and a weak Treasury auction.”
“the benchmark 10-year Treasury yield climbed above 5.25% on Sept. 28, 2026, cementing levels reached last week that are as high as any since the middle of 2007.”
“If, for example, rates peak and then roll over, TLT could be poised for a big rebound.”