Everyone is panicking about the bond selloff. It just handed you the best fixed income yields in years.
Over 80% of the global bond market now yields above 4%. The average yield in a bond portfolio has more than doubled in five years. The US 10-year sits near 4.8%.
Bonds are… pic.twitter.com/N4TpB2XQNx
— Kurt S. Altrichter, CRPS® (@kurtsaltrichter) September 11, 2026
The selloff is pushing long-term Treasury yields to levels we haven’t seen in years, but the latest auctions show investors are actually buying the higher yields. The 30-year auction on September 10 cleared at 5.308%, the highest auction yield since 2001, while demand was stronger than the previous six-month average.
Global bond selloff pushes U.S. 10-year yield toward 5%
G7 10-year yields have risen an average 19 basis points this week, while the U.S. 10-year is close to 5% as Brent crude approaches $110 and markets raise the odds of a Fed hike.
September 10 — U.S. 30-year Treasury auction draws strong demand
The Treasury sold $22 billion of 30-year bonds at 5.308%, with a 2.61 bid-to-cover ratio, above the six-month average of 2.38.
September 10 — Investors snap up 30-year Treasuries
Primary dealers took only 2.2% of the $22 billion auction, the lowest share on record according to BMO, suggesting buyers other than the usual dealer network were willing to absorb the higher yields.
September 10 — 30-year Treasury yield hits highest level since 2007
https://www.ft.com/content/49e8c693-0064-4ef9-917f-5f2be97458fc
The 30-year yield reached 5.37%, while the 10-year moved toward 5% as Brent crude jumped above $107 and investors priced in greater odds of additional Fed tightening.
September 10 — Treasury buybacks fail to calm the bond market
The Treasury bought only $5.2 billion of long-dated bonds against a $6 billion target, while the 10-year yield jumped 12 basis points to 4.96%.
September 11 — Bond markets stabilize, but yields remain near multi-year highs
https://www.ft.com/content/2c9ce5b0-32ae-4460-aa89-9c80eb05ee41
The 30-year yield eased to around 5.35% and the 10-year stayed near 4.94%, showing the selloff can pause without actually reversing the huge rise in long-term borrowing costs.