The 10-year Treasury yield recently hit its highest level since 2007. Here’s what you need to know.
PHNjcmlwdCB0eXBlPSJ0ZXh0L2phdmFzY3JpcHQiIHNyYz1odHRwczovL3N0YXRpYy5teWZpbmFuY2UuY29tL3dpZGdldC9teUZpbmFuY2Vfdmlld3BvcnRfZGV0ZWN0aW9uLmpzPjwvc2NyaXB0PjxzY3JpcHQgYXN5bmMgdHlwZT0idGV4dC9qYXZhc2NyaXB0Ij5teWZpV2F0Y2hXaWRnZXQoJ215ZmlXaWRnZXRfMTInKTtteWZpV2F0Y2hXaWRnZXQoJ215ZmlXaWRnZXRfMScpO215ZmlXYXRjaFdpZGdldCgnbXlmaVdpZGdldF8zJyk7PC9zY3JpcHQ+Jean Folger is a freelance writer and editor with a knack for tackling complex subjects using simple language.
High yields and high borrowing costs can weigh on corporate earnings and make it difficult for businesses to grow, innovate, or stay in business. Serves as a proxy for mortgage rates. When the 10-year Treasury yield increases, mortgage rates rise, which can slow borrowing and spending. When the yield declines and mortgage rates fall, the housing market strengthens, boosting the economy.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2007 Toyota Camry with Manual Transmission Gets Thrown AwayBecause 'incredibly rare' doesn't always equal 'incredibly valuable.'
Read more »
Britney Spears recalls running into ex Justin Timberlake before disastrous 2007 VMAs performanceThe biggest bombshells from Britney Spears’ new memoir “The Woman in Me” so far
Read more »
Britney Spears Recalls Running Into Ex Justin Timberlake Ahead of Painful 2007 MTV VMAs PerformanceIn a new excerpt from her memoir, 'The Woman In Me,' Britney opens up about the awkward interaction.
Read more »
Britney Spears Had a Justin Timberlake-Related ‘Panic Attack’ at 2007 VMAs“It had been a while since I’d seen him,” the singer wrote in her new memoir of the awards show, where her performance was later ripped to shreds.
Read more »
Stocks Tick Down After Treasury Yield Hits 5%Some bond investors saw buying opportunity in the benchmark yield’s 16-year high
Read more »