World & BusinessBond yields reportedly hit two-decade highs as oil reaches $105 a barrel
NBC News says a monthlong rise in Treasury yields has already pushed up consumer borrowing costs, especially in the mortgage market.
TLDR
NBC News reports bond yields surged to fresh two-decade highs as oil hit $105 a barrel. The outlet says the monthlong climb in Treasury yields has already translated into higher borrowing costs for consumers, particularly for mortgages.
Bond yields reportedly hit two-decade highs as oil reaches $105 a barrel
NBC News says a monthlong rise in Treasury yields has already pushed up consumer borrowing costs, especially in the mortgage market.