Kansasreflector iconKansasreflectorSep 3, 2026

Why the rise in government debt is freaking out the bond market

They're not alone: governments and business borrowers are facing the same pressure. In the United States, 10-year interest rates sit around 4.7%, surging nearly half a per cent just this year, while the benchmark 30-year bond is near a two-decade high.

Share this story

Send the public story page.

Useful takeaways from this story.

They're not alone: governments and business borrowers are facing the same pressure.

In the United States, 10-year interest rates sit around 4.7%, surging nearly half a per cent just this year, while the benchmark 30-year bond is near a two-decade high.

Mortgage holders know interest rates have risen over the past year.

Building the complete brief

The page is ready to read now. The fuller skim-friendly version will appear here automatically.

The useful part

They're not alone: governments and business borrowers are facing the same pressure. In the United States, 10-year interest rates sit around 4.7%, surging nearly half a per cent just this year, while the benchmark 30-year bond is near a two-decade high. Mortgage holders know interest rates have risen over the past year.

Details worth keeping

Mortgage holders know interest rates have risen over the past year.

Keep reading in the app

Open the app view to save this story, compare related coverage, and continue from the same source.

Open in app