The 30-year Treasury just hit 5.47% — highest close since 2004.
That's a 20-year high. Mortgage rates, corporate borrowing costs, equity valuations — all feeling the pressure.
When long-term rates climb like this, it's not just bond math. It's a repricing of everything. Growth stocks get squeezed. Real estate slows. Refinancing windows close.
This isn't noise. It's the cost of capital resetting in real time.
That's a 20-year high. Mortgage rates, corporate borrowing costs, equity valuations — all feeling the pressure.
When long-term rates climb like this, it's not just bond math. It's a repricing of everything. Growth stocks get squeezed. Real estate slows. Refinancing windows close.
This isn't noise. It's the cost of capital resetting in real time.
