According to Reuters, Treasuries posted their worst quarter since 1994 in Q3, and the 10-year yield reached 5.36% in early October. The article argues the sell-off hurt existing bondholders but has raised income for new buyers. It compares past episodes: in 1994 the federal funds rate rose from about 3% to 5.5%, and in 2022 the Bloomberg U.S. Aggregate Bond index lost roughly 13%. It states that holding bonds bought at higher starting yields can materially improve the risk/reward trade-off over longer holding periods. The author gives a personal view that long-term Treasuries are too volatile and rates the Vanguard Intermediate-Term Treasury ETF (VGIT), with a 5% yield and 4.8-year duration, as a more balanced option.
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/29/2026 | 101.88 |
| Change that session | -0.26% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 769.53 |
| Change that session | -0.36% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/29/2026 | 715.33 |
| Change that session | -1.42% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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