According to The Wall Street Journal, “U.S. Treasury Yields Rise as Markets Await Midterm Election Results”
U.S. Treasury Yields Rise as Markets Await Midterm Election Results
Why This Matters
BELLINGS interpretation of “U.S. Treasury Yields Rise as Markets Await Midterm Election Results”: Issuers refinancing debt could face higher borrowing costs because rising bond yields can increase required returns on new debt.