Why bond yields are rising and why everyone should care
Bond yields have reached their highest levels in nearly two decades. This increase impacts anyone who borrows money, as it affects interest rates across the economy.
NEW YORK (AP) — Nearly everyone will feel the impact of what’s going on in the bond market, no matter how far away and abstract it may seem. Bond yields have jumped to their highest levels in roughly two decades, and that affects anyone who borrows money. That includes discouraged people trying to keep up...
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