30-year Treasury yield just hit 5.56% — highest close since August 2003.
That's over 20 years. Think about what that means for mortgages, corporate borrowing costs, and equity valuations. When the risk-free rate moves like this, everything else has to reprice.
Bond vigilantes are back.
That's over 20 years. Think about what that means for mortgages, corporate borrowing costs, and equity valuations. When the risk-free rate moves like this, everything else has to reprice.
Bond vigilantes are back.
