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Treasury yields hit 15-year high after lawmakers delay government shutdown

By Zach Halaschak
Published October 2, 2023 5:41pm ET
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Treasury yields hit 15-year high after lawmakers delay government shutdown
Blank stimulus checks are seen on an idle press at the Philadelphia Regional Financial Center, which disburses payments on behalf of federal agencies, in Philadelphia, Thursday, May 8, 2008. The first batch of rebate payments started hitting bank accounts last week through direct deposits. Treasury Secretary Henry Paulson, Vice President Dick Cheney and other Bush administration officials are visiting government check printing centers around the country on Thursday for events highlighting the fact that millions of rebate checks are in the mail. | (Matt Rourke/AP)

Treasury yields hit the highest level in over a decade and a half after Congress passed legislation to prevent the government from shutting down for at least another 45 days.

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Federal Reserve Interest Rates Recession Stocks and Bonds