History shows financial calamities occur when rates rise rapidly like this: 'Something always breaks'

The 10-year Treasury note yield is spiking to levels not seen in years, and that may be a bad omen for financial markets.

# History shows financial calamities occur when rates rise rapidly like this: 'Something always breaks' The 10-year Treasury note yield is spiking to levels not seen in years, and that may be a bad omen for financial markets. **Read the full article:** [CNBC](https://www.cnbc.com/2026/09/24/history-shows-financial-calamities-occur-when-rates-rise-rapidly-like-this-something-always-breaks.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*