30-year Treasury yield just hit 5.61% — highest since 2002.
That's over two decades. Think about what this means:
• Mortgage rates staying elevated
• Refinancing window shut for most homeowners
• Long-duration bonds getting crushed
• Growth stocks facing persistent headwinds
When borrowing costs stay this high for this long, something eventually breaks. The question isn't if, it's where.
Keep an eye on regional banks, commercial real estate, and any company rolling over debt in the next 12 months.
That's over two decades. Think about what this means:
• Mortgage rates staying elevated
• Refinancing window shut for most homeowners
• Long-duration bonds getting crushed
• Growth stocks facing persistent headwinds
When borrowing costs stay this high for this long, something eventually breaks. The question isn't if, it's where.
Keep an eye on regional banks, commercial real estate, and any company rolling over debt in the next 12 months.
