Rising US Treasury Yields Raise Borrowing Costs

A selloff in US government bonds is driving up borrowing costs and putting pressure on households, corporations and the federal budget. Higher yields reflect growing debt supply and persistent economic growth.

FILE PHOTO: The US Department of the Treasury Building in Washington, D.C., U.S., July 11, 2026. REUTERS/Daniel Heuer//File Photo

A selloff in United States government bonds pushed the 30-year yield to its highest mark in nearly two decades, driving up borrowing costs for households, companies, and the federal budget. The surge pressures real estate markets, corporate expansion, and global financial conditions. Investors face a shifting landscape as debt issuance scales up and economic resilience tests central bank policy.

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