10-Year Treasury Yield Nears 5% as Oil Tops $100 and Fed Hike Bets Climb
10-year Treasury yield nears 5%, pushing mortgage rates to 7.07% and pressuring stocks.
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Why It Matters
When people lend money to the government for ten years, they are asking for more interest. This makes loans and mortgages more expensive, which can slow down companies and make stocks less fun to own.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.