10-year Treasury yield just broke above 5.35% — highest level in 24 years.
That's a 143 basis point surge since the pre-Iran war low.
Mortgage rates are now at 3-year highs. Borrowing costs are climbing fast.
For context: higher yields mean more expensive debt for companies, homebuyers, and the government itself. This pressures valuations, especially for growth stocks that rely on cheap financing.
Watch how the market digests this. Rate-sensitive sectors like tech and real estate are feeling it first.
That's a 143 basis point surge since the pre-Iran war low.
Mortgage rates are now at 3-year highs. Borrowing costs are climbing fast.
For context: higher yields mean more expensive debt for companies, homebuyers, and the government itself. This pressures valuations, especially for growth stocks that rely on cheap financing.
Watch how the market digests this. Rate-sensitive sectors like tech and real estate are feeling it first.
