# US 10-year bond auction yields hit highest since 2007 2026-08-12T23:54:00+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet The US Treasury sold $42 billion in 10-year notes at a yield of 4.683% on Wednesday, the highest since the 2007-08 global financial crisis. The auction drew decent demand, with the yield just above the market rate before the deadline, indicating only slightly weaker-than-expected appetite, according to Bloomberg. The sale sets the stage for a 30-year bond auction on Thursday likely at the highest financing rate in 25 years. Inflation above the Federal Reserve's target and swelling US budget deficits have pushed long-dated yields higher. A separate consumer price index reading for July showed core inflation at 2.5% annually, matching the slowest pace since March 2021, and traders trimmed bets on a September rate hike to about 40%. ## Coverage - livemint.com Tags: auction, bond yields, Federal Reserve, fiscal deficit, inflation, US Treasuries Canonical: https://indianopinion.org/us-10-year-bond-auction-yields-hit-highest-since-2007/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/us-10-year-bond-auction-yields-hit-highest-since-2007/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.