The 10-year Treasury yield, trading near 5.12% as of late October 2026 after peaking above 5.30% earlier in the month, has climbed roughly 1.1 percentage points since early 2026 amid a Federal Reserve rate hike in September that lifted the federal funds target to 3.75–4.00%. Elevated CPI and PPI readings, alongside resilient growth and heavy AI-related capital spending, have widened the term premium and lifted real yields, while long-term inflation expectations remain anchored near 2.3%. Traders are now pricing a high likelihood of steady policy at the October 27–28 FOMC meeting, with potential further tightening later this year. Key near-term catalysts include the October 29 GDP release, November employment data, and subsequent inflation prints that could shift market-implied rate paths and Treasury valuations.
如果 2025年11月11日 至 2026年12月31日 之间任意一天的美国财政部国债收益率(期限:10 年)达到或高于所列数值,该市场将判定为“是”。否则,本市场将判定为“否”。 美国财政部国债收益率(期限:10 年)高于所列数值时,或指定期间内所有日期的数据均已公布时,该市场即会判定。如果在指定期间结束后的 14 个日历日(ET)内,指定期间所有日期的数据仍未全部公布,该市场将根据届时可用的数据进行判定。 该市场的判定来源是美国财政部,具体为“Daily Treasury Par Yield Curve Rates”下“10 Yr”列中列出的数据(参见:https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_yield_curve&field_tdr_date_value=2025)。
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