Drudge Retort: The Other Side of the News
Monday, September 14, 2026

The rise in bond yields hit a critical threshold on Monday, with the 10-year Treasury yield rising to 5%, a level briefly touched in 2023 and otherwise not seen since 2007. The move in the key benchmark could mean higher costs for Americans who want to buy a home, finance a car or take out other loans.

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The 10-year yield extended a recent surge that has pushed up borrowing costs for consumers, businesses and the US government. Yields have climbed despite efforts by Treasury Secretary Scott Bessent to quell concerns in the bond market.

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It is a bit weird, actually, because one might be tempted to think a self-advertised smart guy with a history of six yuge bankruptcies and 34 felony convictions for financial crimes might have learned a bit more about how this ... stuff ... actually werks.

#1 | Posted by Doc_Sarvis at 2026-09-14 12:04 PM | Reply

Meanwhile ...

US should have the world's lowest interest rate: Trump
timesofindia.indiatimes.com

#2 | Posted by LampLighter at 2026-09-14 12:08 PM | Reply

In response, mortgage interest rates ticked upwards.

#3 | Posted by Doc_Sarvis at 2026-09-14 12:09 PM | Reply

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