Treasury yields hit multi-decade highs amid surging national debt
· foxbusiness.com
U.S. Treasury yields hit multi-decade highs as the federal budget deficit nears $2.1 trillion. Higher interest rates on 30-year bonds are pushing mortgage rates up for consumers.
Financial markets and investors are reacting to the rapidly growing U.S. national debt, which is approaching a record of $40 trillion, by requiring greater retu...