Was October 28, 2026 a bad day for bonds?
KINDA
Too early to say: it's 1:27 a.m. in Oregon, and the day's bond trading has barely begun.
Why
- The 10-year Treasury yield was near 5.0% on the latest quotes, roughly flat.
- Bond prices fall when yields rise, so a rising 10-year yield means a bad day.
- The Fed's two-day October meeting ends today, which could move yields.