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US 10 year yield hits its highest level since January 2025, now at 4.768%.
The yield is up 87 basis points since the US-Iran war started, when it bottomed near 3.9%.
Oil driven inflation fears and rising Fed rate hike odds are pushing yields higher, even before any actual hike happens.
Since mortgage rates track the 10-year closely, this move pushes home borrowing costs higher too.
US 10 year yield hits its highest level since January 2025, now at 4.768%.
The yield is up 87 basis points since the US-Iran war started, when it bottomed near 3.9%.
Oil driven inflation fears and rising Fed rate hike odds are pushing yields higher, even before any actual hike happens.
Since mortgage rates track the 10-year closely, this move pushes home borrowing costs higher too.
