The 10-year Treasury note yielded around 5.3% in late September. One month before, it was around 4.78%, and it's up by more than a full percentage point from where it was one year ago.
To put that into perspective, the long-term average on the 10-year Treasury note is around 4.25%. However, ever since the financial crisis of 2007 and 2008, investors have been accustomed to far lower long-term rates.
