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Welcome to the New Era of Bond Yields at 5%

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Treasury yields are surging past 5%, threatening to push up borrowing costs on everything from mortgages and car loans to credit cards. Ruth Carson explains why the impact is being felt far beyond Wall Street and the US.

Treasury yields are surging past 5%, threatening to push up borrowing costs on everything from mortgages and car loans to credit cards. Ruth Carson explains why the impact is being felt far beyond Wall Street and the US. (Source: Bloomberg)
the New Era of Bond Yields (ORG) Treasury (ORG) Ruth Carson (PERSON) US (LOCATION) Bloomberg (PERSON)
Originally published by Bloomberg Markets Read original →