Economic TimesLean R·
US Treasury yields are rising — Why does it matter?
Rising U.S. government bond yields are driving up borrowing costs across the board, directly affecting households, businesses, and government finances. Higher rates on mortgages and auto loans can dampen consumer spending and disrupt the housing market. Furthermore, companies will grapple with increased costs for new debt and projects, while global markets experience repercussions as U.S. Treasuries influence pricing worldwide.
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