BREAKING 🚨
10‑year Treasury yield jumps to 5.13%, highest since July 2007 🚀
⚠️ The 18‑bp jump follows Fed Governor Michael Barr’s warning of more rate hikes. Mortgage, auto and credit‑card rates climb, pushing the 30‑year average above 7%. When yields last hit this level, Nasdaq peaked then fell 56% by March 2009. Markets brace for tighter financing.
Liquidity strains could ripple through global credit markets 📉
$SAGA, $NIL, $TAKE
10‑year Treasury yield jumps to 5.13%, highest since July 2007 🚀
⚠️ The 18‑bp jump follows Fed Governor Michael Barr’s warning of more rate hikes. Mortgage, auto and credit‑card rates climb, pushing the 30‑year average above 7%. When yields last hit this level, Nasdaq peaked then fell 56% by March 2009. Markets brace for tighter financing.
Liquidity strains could ripple through global credit markets 📉
$SAGA, $NIL, $TAKE
