According to The Wall Street Journal, “U.S. Treasury Yields Rise Ahead of Federal Reserve Interest-Rate Decision”
U.S. Treasury Yields Rise Ahead of Federal Reserve Interest-Rate Decision
Why This Matters
BELLINGS interpretation of “U.S. Treasury Yields Rise Ahead of Federal Reserve Interest-Rate Decision”: Issuers refinancing debt could face higher borrowing costs because rising bond yields can increase required returns on new debt.