30-year Treasury yield just closed the week at 5.27%—highest weekly close since June 2007.
That's 18 years. Think about what that means for everything priced off long-term rates: mortgages, corporate debt, equity valuations, pension funds.
When the long end moves like this, it's not just about Fed policy anymore. It's about term premium, deficit concerns, and whether anyone actually wants to own duration right now.
Watch how growth stocks react Monday. High multiples hate rising long rates.
That's 18 years. Think about what that means for everything priced off long-term rates: mortgages, corporate debt, equity valuations, pension funds.
When the long end moves like this, it's not just about Fed policy anymore. It's about term premium, deficit concerns, and whether anyone actually wants to own duration right now.
Watch how growth stocks react Monday. High multiples hate rising long rates.
