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Benchmark 10-yr Treasury Note Yield, Nasdaq Hits Intraday Record, See It First: New Compass, & Mortgage Rates and Home Prices

Martin Eiden | September 28, 2026

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New and Noteworthy

Benchmark 10-yr Treasury Note Yield

which is tied to rates on mortgages, surged to 5.139%, its highest level since July 2007. The yield on the 2-year note climbed to 4.897% for its highest since 2023, while the 30-year Treasury yield was up more than 3 basis points to reach a post-2004 peak of 5.438%. Several factors drove the Treasury selloff, including stronger-than-expected U.S. economic activity, hawkish commentary from a Fed official, and high oil prices.(More)

Nasdaq Hits Intraday Record

The Nasdaq touched an intraday record high on Tuesday for the first time since early June as technology stocks clawed back lost ground and retreating oil prices boosted risk appetite.

The index was last up 0.3% at 27,212.68, ‌eclipsing its previous intraday record high of 27,190.21 hit on June 1.

By Friday’s close, the NASDAQ finished 2.1% higher for the week; the S&P 500 and Dow posted gains of 1.2% and 0.3%, respectively.

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See It First: New Compass

Last week, Compass unveiled See It First™ – the biggest redesign of Compass.com in 10 years, and a new search experience designed to give buyers early access to more homes and make Compass.com the #1 visited real estate website

(More)

Mortgage Rates and Home Prices

Some U.S. home sellers are increasingly reducing listing prices and offering concessions as average 30-year fixed mortgage rates rise above 7%, jumping sharply yesterday to 7.45%. This surge in borrowing costs has suppressed buyer demand, leading to longer times on the market and more aggressive price adjustments in some areas. (More)

Manhattan Luxury Report

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ReTreating Ourselves

Last week, the Martin Eiden + Partners team traded the city for the Catskills for our annual upstate retreat, a few days dedicated to reconnecting, recharging, and enjoying some well-earned time together.

There was plenty of team bonding, shared meals and time outdoors, along with yoga, tennis, sauna sessions, jacuzzi time, and even a dance party. It was the perfect mix of relaxation, fun, and quality time as a team.

We work incredibly hard for our clients and for one another, and moments like these are an important reminder to make time to enjoy the fruits of that hard work, too. We returned to the city refreshed, reenergized, and ready to take on the busy fall market together!

Check out the highlights on our Instagram page

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Our Properties

949 Columbus Avenue Upper West Side 20 Bed \| 11 Bath	45 Sutton Place South, Unit 12L Sutton Place 2 Bed \| 2 Bath
529 West 42nd Street, Unit 7A Hell's Kitchen 3 Bed \| 2 Bath	280 Park Avenue South, Unit 5L Flatiron 1 Bed \| 1 Bath
189 Schermerhorn Street, Unit 22G Downtown Brooklyn 1 Bed \| 1 Bath	152 North 9th Street, Unit 3L Williamsburg 1 Bed \| 1 Bath
385 Argyle Road, Unit 4E Ditmas Park 1 Bed \| 1 Bath	50-54 East 8th Street, Unit 3S Greenwich Village 1 Bed \| 1 Bath
40 East 80th Street, Unit 2C Upper East Side Alcove \| 1 Bath	414 Elmwood Avenue, Unit 6H Midwood Studio \| 1 Bath

See All Properties

Take a peak at our latest project: Stacklist.

It is an easy way to navigate all of the services we offer, guides to NYC's most iconic neighborhoods, advice and guides for buying/selling in NYC, the best restaurants, bars, etc, and so much more!

https://stacklist.com/martin-eiden-team

Our Stacklist

Martin Eiden

+ Partners

Martin Eiden + Partners at Compass
M: 917.701.8898
[email protected]

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.

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