Treasury Yields Hit 2002 Highs: Jim Bianco, Ed Yardeni Say There’s No Need To Worry
The 30-year Treasury yield hit 5.66%, the highest since May 2002. Jim Bianco and Ed Yardeni say yields are only catching up with growth.
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Why It Matters
Long-term interest rates just hit their highest level in over 20 years. Some experts say rates are simply catching up with how fast the economy is growing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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