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10-year Treasury yield hits 2002 high, raising mortgage and loan costs

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Fox Business
October 3, 2026
Mortgage RatesSource: GNews

The 10-year bond yield hit its highest level since 2002, impacting mortgage rates, credit cards, auto loans and housing as the market faces pressure from federal budget deficits.

The 10-year bond yield hit its highest level since 2002, impacting mortgage rates, credit cards, auto loans and housing as the market faces pressure from federal budget deficits....

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Originally published by Fox Business

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