Why mortgages and car loans are getting more expensive
Rising bond yields are pushing up borrowing costs for Americans, driven by inflation fears, the war in Iran and concerns about U.S. debt.
US Treasury yields hit 2007 high
- A US inflation fear indicator just hit its highest since before the global financial crisis The Straits Times —
- Global Long Bond Yields Climb to Highest in Almost Two Decades Bloomberg —
- 30-year Treasury yield hits highest level since 2007 as inflation fears deepen Quartz —
- 30-Year Yield Rises as Bond Selloff Deepens Bloomberg —
- Bond Market Fright May End Cheap Funds Era Bloomberg —