30-Year Treasury Yield Hits 19-Year High: Here are Investors Who Gain And Who Get Crushed
The 30-year U.S. Treasury bond yield now exceeds 5.2%, its highest level since 2007, following the Federal Reserve’s July 29 meeting, where Kevin Warsh’s committee held the federal funds rate steady at
When the government's long-term borrowing cost (Treasury yield) goes up to its highest in almost 20 years, it means borrowing money costs more for everyone—from homebuyers to big companies. Watch this number because higher borrowing costs can slow down business spending and affect stock prices, so it tells you something important about how expensive money is right now.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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