News and Advice | PrimeRates

Budget, Personal Loans

10-Year Treasury Yield Drops 17 Basis Points to 4.96%, Most Since August 2024

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The 10-year Treasury yield fell 17 basis points to 4.96% on October 22, its largest one-day drop since August 2024 and its first close below 5% in a month.

Laura Adams
October 23, 2026

Budget, Personal Loans

One-Year Treasury Yield Runs 50 Basis Points Above the Fed’s 4% Ceiling

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The one-year Treasury yield reached 4.50% on October 19, a full 50 basis points above the Fed's 4.00% ceiling, pricing two more hikes before the October 28 FOMC vote.

Mitch Strohm
October 21, 2026

Budget, Personal Loans

Treasury Reopens $13 Billion 20-Year Bond as Its Yield Tops the 30-Year

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Treasury auctions $13 billion of the 5-1/8% bond due August 2046 on October 21, with the 20-year yielding 5.53% against 5.48% at 30 years.

Laura Adams
October 20, 2026

Budget, Personal Loans

China Cuts Treasury Holdings to $590.7 Billion, Lowest Since August 2008

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China's U.S. Treasury holdings fell to $590.7 billion in August, the lowest since August 2008, while Britain topped $1 trillion and official accounts kept selling.

Shelly Warding
October 19, 2026

Budget, Personal Loans

Debt Held by the Public Tops $32.5 Trillion, Nearly Matching Annual GDP

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Federal debt held by the public reached $32.538 trillion on October 15, the first reading above $32.5 trillion on record, after $391 billion of Treasury auctions settled that day.

Mitch Strohm
October 18, 2026

Budget, Personal Loans

Warsh Gives No Signal on Oct 28 Fed Vote After 3.7% Inflation Print

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Fed Chair Kevin Warsh declined to signal the October 28 vote during Friday remarks in Bangkok, his last comments before the FOMC communications blackout began October 17.

Laura Adams
October 17, 2026

Budget, Credit Cards

Beige Book Shows Robust Price Growth in 3 Fed Districts Before Oct 28 Vote

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The Fed's October 14 Beige Book found price growth robust in three of twelve districts and picking up in four, with higher oil prices in every district report.

Shelly Warding
October 16, 2026

Budget, Credit Cards

Fed Discount Rate Minutes Show Hike Requests Grew From 2 Banks to 7 in September

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Federal Reserve Board minutes show Reserve Bank requests for a 4.00% discount rate grew from two banks in August to seven by the September 16 meeting.

Laura Adams
October 14, 2026

Budget, Personal Loans

Federal Interest Costs Hit Record $1.36 Trillion in Fiscal 2026, Up $140 Billion

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The federal government spent $1.360 trillion on interest in fiscal 2026, Treasury's closing accounting shows, up $140.4 billion from fiscal 2025 and a record high.

Shelly Warding
October 13, 2026

Budget, Credit Cards

Treasury Bills Reach 22.4% of Marketable Debt, Highest Share Since 2020

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Treasury bills ended fiscal 2026 at $7.118 trillion, or 22.36% of marketable federal debt, the largest fiscal year end share since 2020. Bills grew $721.1 billion over the year.

Mitch Strohm
October 12, 2026