US Treasury yields are rising — Why does it matter?

Rising U.S. government bond yields are driving up borrowing costs across the board, directly affecting households, businesses, and government finances. Higher rates on mortgages and auto loans can dampen consumer spending and disrupt the housing market. Furthermore, companies will grapple with increased costs for new debt and projects, while global markets experience repercussions as U.S….

US Treasury bond yields ease from highs after data as Iran war escalation fans inflation concerns

U.S. Treasury yields retreated from earlier highs on Tuesday after economic data emerged. The manufacturing PMI fell to 54.6 in August, while job openings rose slightly. Oil prices surged due to renewed Middle East conflict, reigniting inflation concerns globally. This led to a significant global bond selloff and increased Fed rate hike expectations. Yields on…