Thursday, September 24, 2026
Bond selloff hits F & I Funds; stocks mostly steady
Thursday was mostly a bond story: Treasury yields jumped to multi-decade highs as hot economic data, oil prices and rising odds of another Fed rate hike pushed rates up. That hurt the F Fund most and weighed on international stocks, while large U.S. stocks ended nearly flat.
| Fund | Price | 1 day |
|---|---|---|
| G Fund | $20.2399 | +0.01% |
| F Fund | $20.3991 | -0.49% |
| C Fund | $124.2915 | -0.02% |
| S Fund | $113.6999 | -0.14% |
| I Fund | $64.8394 | -0.82% |
F Fund
-0.49%What happened: The F Fund fell 0.49% for the day and is down 2.15% for the month.
Why it moved: Treasury yields jumped, with the 30-year reaching its highest level since 2004. Since bond prices fall when yields rise, that pressured the F Fund.
What it could mean: Bond funds can stay under pressure while yields climb, though bond prices and yields have historically moved in cycles.
Full briefing: one of these for every fund, plus the L Funds.
TSP 101
The G Fund's rate is set once a month by the U.S. Treasury, based on the average yield of about 202 Treasury securities. That's why its share price inches up almost every day instead of swinging with the markets.