Bond News Today — October 1, 2026

The global bond market rout continues to intensify, with the 10-year Treasury yield surging to its highest level since 2002. This sharp increase in yields is part of a broader sell-off that is not limited to the US, as evidenced by the struggles in France's bond market, which may have implications for investors globally, including Americans. The rapid rise in yields has been driven by a reassessment of interest rate expectations and a shift in investor sentiment, leaving many wondering if the worst is yet to come.

The past few days have seen a significant jump in US bond yields, with some measures indicating the largest increase in a generation. This has led some to warn of a potentially even darker October for bond investors, following a brutal September. Despite the gloomy outlook, some retail investors are taking a contrarian view, aggressively piling into certain assets through exchange-traded funds. Meanwhile, the focus in equity markets has shifted to the impact of artificial intelligence on stock performance, with the so-called "AI Put" becoming a key concern for investors. As the bond market continues to navigate this challenging environment, investors are bracing for what lies ahead.

Today's signal:
• France’s bond market is stumbling. Should Americans care? (marketwatch.com)
• Retail investors are aggressively piling into this bold contrarian bet through one ETF. (marketwatch.com)
• 10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace (cnbc.com)
• How the ‘AI Put’ has become the only thing that matters for stocks (marketwatch.com)
• A brutal September for bonds points to an even darker October (marketwatch.com)
• U.S. bond yields post biggest jump in a generation as global rout rattles investors (marketwatch.com)