Bond yields are hovering near multi-year highs: What it means for your wallet
· foxbusiness.com
The 10-year bond yield hit its highest level since 2002, impacting mortgage rates, credit cards, auto loans and housing as the market faces pressure from federal budget deficits.
The yield on the 10-year Treasury hit the highest level since 2002 during Thursday's trading session, as higher borrowing costs impact the economy at large and ...