The Fed Hikes, the 10-Year Breaks 5%: A Global Bond Rout Hits Home

Finance TL;DR Daily covers the Fed's expected first rate hike under Chairman Kevin Warsh, the 10-year Treasury yield breaking above 5% for the first time since 2007, and a global bond selloff tied to surging oil prices and Middle East tensions. In this episode: • Federal Reserve expected to raise benchmark rate this week, marking first hike under Chairman Warsh — https://www.cnbc.com/2026/09/15/what-higher-for-longer-interest-rates-mean-for-your-investments.html • 10-year Treasury yield tops 5%, a critical threshold for markets and economy — https://www.cnbc.com/2026/09/15/treasury-yields-stocks-investors.html • Global bond yields surge to fresh highs, raising stakes for big borrowers — https://www.reuters.com/business/finance/stocks-wobble-no-sign-panic-yields-surge-2026-09-15/