According to NBC News Business, “Bond yields surge to fresh two decade highs as oil prices hit $105 per barrel”
Bond yields surge to fresh two decade highs as oil prices hit $105 per barrel
Why This Matters
BELLINGS interpretation of “Bond yields surge to fresh two decade highs as oil prices hit $105 per barrel”: Issuers refinancing debt could face higher borrowing costs because rising bond yields can increase required returns on new debt.