The monthlong rise in Treasury bond yields has already translated into higher borrowing costs for consumers, especially in the mortgage market.
Key U.S. Treasury yields surged to fresh two-decade highs Thursday as the price of oil jumped to as high as $108 per barrel.
The yield on the 30-year U.S. Treasury bond soared as high as 5.47%, a le… [+6145 chars]
Discussion (0)
No comments yet. Be the first to share your thoughts!
Join the Conversation
You need to be logged in to leave a comment.
Sign In Create Account