Bloomberg: US ten-year Treasury yield hits highest level since 2007

According to Donya-e-Eqtesad, citing Bloomberg, the yield on the US ten-year Treasury note has climbed to 4.97 percent as Wall Street traders raise their expectations of another Federal Reserve rate increase. Bloomberg Economics, using the New York Fed's own analytical framework, estimates the US real natural interest rate reached about 2.6 percent in the second quarter of 2026, equivalent to a nominal ten-year yield of about 4.7 percent once inflation is factored in, up sharply from a low of just 1.6 percent between 2010 and 2015. Following the data, US President Donald Trump renewed pressure on the central bank, urging Kevin Warsh, his pick to chair the Federal Reserve, to move to lower borrowing costs. Bloomberg Economics attributes the rise in the natural rate to structural shifts, including declining savings among America's aging population and reduced Chinese purchases of Treasury bonds, concluding that borrowing costs are unlikely to return to their old lows even if tensions in the Persian Gulf ease.