Recent strength in U.S. economic data, elevated oil prices above $100 per barrel, and the Federal Reserve’s September 25-basis-point hike to a 3.75–4.00% target range have driven the 30-year Treasury yield to 5.64–5.68% as of October 6, near 24-year highs. This reflects trader pricing of sticky inflation and resilient growth, with market-implied odds favoring a hold at the October 27–28 FOMC meeting amid mixed signals on further tightening. Key near-term catalysts include the October 7 FOMC minutes, September CPI release on October 14, and Q3 GDP on October 29, which could shift expectations for the long-end yield path depending on inflation trajectory and labor-market readings.