Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes

Published 23 Sep 2026, 17:56 UTC. Updated 23 Sep 2026, 18:12 UTC.

Stocks fall, with the Nasdaq and S&P 500 retreating from record territory as bond yields suddenly jump.

Directly affected

NDAQ Nasdaq
Named in this report.

Indirectly affected

TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
JPM JPMorgan Chase
Bank profits move with lending and interest rates
BAC Bank of America
Bank profits move with lending and interest rates
GS Goldman Sachs
Bank profits move with lending and interest rates
XLF Financial Select Sector SPDR
A fund of financial companies
KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
HYMB STATE STREET SPDR NUVEEN ICE HIGH YIELD MUNICIPAL BOND ETF
GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: street, yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

Ticker	T-5	T-3	T-1	T0	T+1	T+2	T+3
NDAQ	—	—	—	—	—	—	—
TLT	—	—	—	—	—	—	—
IEF	—	—	—	—	—	—	—
SHY	—	—	—	—	—	—	—
SPY	—	—	—	—	—	—	—
JPM	—	—	—	—	—	—	—
BAC	—	—	—	—	—	—	—
GS	—	—	—	—	—	—	—
XLF	—	—	—	—	—	—	—
KRE	—	—	—	—	—	—	—
HYMB	—	—	—	—	—	—	—

Price since this story was published: State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

Since the first closing price after “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes,” State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) is -1.05%. The S&P 500 fund (SPY) is -0.09% over the same days, a -0.96% difference versus the market.

HYMB

SPY

Who gains and who loses around State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

Companies mentioned with this story

HYMB State Street Spdr Nuveen Ice High Yield Municipal Bond Etf
State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) is linked, with no stored direction, high confidence in the 23 Sep 2026 story “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes.” Reason on file: GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: street, yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
AGGY Wisdomtree Yield Enhanced Us Bond Fund
For “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes,” Wisdomtree Yield Enhanced Us Bond Fund (AGGY) is linked, with no stored direction, medium confidence. Reason on file: GA selected AGGY as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
AGZD Wisdomtree Interest Rate Hedged U.S. Aggregate Bond Fund
In “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes,” Wisdomtree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is linked, with no stored direction, medium confidence. Reason on file: GA selected AGZD as a RELATED security because its canonical security name directly matches this event's themes: bond, rate. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
HYDB Ishares High Yield Bond Etf
Ishares High Yield Bond Etf (HYDB) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes.” Reason on file: GA selected HYDB as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
HYGW Ishares High Yield Corporate Bond Buywrite Strategy Etf
Ishares High Yield Corporate Bond Buywrite Strategy Etf (HYGW) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes.” Reason on file: GA selected HYGW as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
IBND State Street Spdr Bloomberg International Corporate Bond Etf
State Street Spdr Bloomberg International Corporate Bond Etf (IBND) is linked, with no stored direction, medium confidence in the 23 Sep 2026 story “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes.” Reason on file: GA selected IBND as a RELATED security because its canonical security name directly matches this event's themes: street, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article
XLF Select Sector Spdr Tr
In “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes,” Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation
KRE Spdr Series Trust
For “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

The 23 Sep 2026 story “Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes” names State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) because of this story.

For State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB), the reason on file says GA selected HYMB as a RELATED security because its canonical security name directly matches this event's themes: street, yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Wisdomtree Yield Enhanced Us Bond Fund (AGGY) is here too. Its reason reads: GA selected AGGY as a RELATED security because its canonical security name directly matches this event's themes: yields, bond. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates in the story, and the State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB) price range

AGGY traded between 41.03 and 42.30 across 20 sessions. The latest close on file is 41.56. AGZD traded between 22.49 and 22.70 across 20 sessions. The latest close on file is 22.56. HYMB traded between 23.06 and 24.17 across 20 sessions. The latest close on file is 23.57.

A simple score for State Street Spdr Nuveen Ice High Yield Municipal Bond Etf (HYMB)

100 out of 100

“Bond yields surge to 5.12% as Wall Street fears more potential Federal Reserve rate hikes” scores 100 out of 100. The score uses 13 linked companies.