US 30-Year Yield: Hits 5.19% Peak Since 2007
US 30Y Note Yield reaches 5.19%, highest since July 2007, amplifying economic impact of 5%+ long-term bond yields on US mortgages and consumers.
SourceAnalysis
US 30Y Note Yield climbed to 5.19% today, the highest print since July 2007 and a direct signal of mounting pressure from US 30-year Treasury yield historical peaks since 2007 causes. Higher borrowing costs now feed straight into mortgage rates, squeezing household budgets as the economic impact of 5%+ long-term bond yields on US mortgages and consumers intensifies.
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