Rising bond yields threaten to push up U.S. borrowing costs, experts say
The U.S. bond market influences how much American consumers pay for loans and the interest they can earn on their savings accounts.
The U.S. bond market influences how much American consumers pay for loans and the interest they can earn on their savings accounts.
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Why it matters
Rising U.S. bond yields directly influence borrowing costs across the economy, impacting credit availability, refinancing decisions, and pricing, making this a significant monetary-policy signal for credit-market professionals.
Sources
CBS MoneyWatch
Rising bond yields threaten to push up U.S. borrowing costs, experts say
The U.S. bond market influences how much American consumers pay for loans and the interest they can earn on their savings accounts.