# U.S. Treasury Term Premium Reaches Highest Level Since 2014 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/29021 Published: 2026-10-09T13:46:52.000Z Updated: 2026-10-09T13:46:52.000Z Section: Investing > The 10-year term premium rose to about 0.98%, while another model put it at 1.08%, its highest level since 2010. Long-term U.S. Treasury yields have risen to levels last seen more than 20 years ago, while the 10-year term premium has climbed sharply since mid-September, adding to pressure in the bond market. The term premium reached about 0.98%, up roughly 40 basis points and its highest level since 2014. The 10-year Treasury yield rose about 30 basis points over the same period. A separate model that incorporates economists’ forecasts for Federal Reserve interest rates placed the 10-year term premium at 1.08%, its highest level since 2010. The figures show that the latest increase in long-term rates is not being driven solely by expectations about whether the Federal Reserve will continue raising interest rates. The move extends a rise in the term premium highlighted in [an earlier Treasury market report](). Frank Rybinski, head of macro strategy at Aegon Asset Management, said different models produce different estimates, but they all point to a rising term premium. He said that could make the latest increase in long-term rates more persistent than a move driven only by expectations for Federal Reserve policy. ## Links in this article - [an earlier Treasury market report](https://www.tokenpost.com/news/investing/28895)