US 10-Year Treasury yields hit highest level since July on inflation data

US 10-year Treasury yields spiked to their highest point since July following PPI (Producer Price Index) inflation data, signaling sustained price pressure and raising the cost of capital for corporate borrowing and investment. Rising rates typically compress tech valuations and delay high-capex infrastructure projects.

For tech leaders and CFOs, this underscores macro headwinds for VC funding, large AI infrastructure deals, and long-duration software contracts. Higher yields may accelerate investor migration toward profitable companies with near-term cash flow and established customer bases over moonshot AI plays.