Democrats press Bessent on borrowing costs as 10-year Treasury yield hits 5%

Democrats challenged Treasury Secretary Scott Bessent over rising borrowing costs at a House hearing as the 10-year Treasury note hit 5% on September 15, 2026. Bessent defended the administration's economic record, calling recent Treasury auctions the most successful in 20 years and the US bond market the best performing in the developed world.

Detected & updated continuously · Source: Nebula