The Guardian1 Oct 2026AI generated
The global bond sell-off intensified on 2026-10-01, pushing UK 30-year yields past 6% for the first time since 1998.
- 10-year US Treasury yield rose to 5.34%, highest since 2002; five- and 10-year UK yields also up
- Brent crude gained 3% to about $101 despite Hormuz exports largely recovering
- FTSE 100 fell 1.7%, its worst day since May; DAX down 1%, CAC 40 down 1.6%
- French 10-year yields hit 4.96%, highest since 2002; spread over Bunds widest in a decade
Context
This follows the 2026-09-24 peak when the US 30-year yield hit 5.447% and Brent reached $107.13; oil has since eased to $101.
