10-year Treasury yield hits 2002 high, raising mortgage and loan costs

Business

10-Year Treasury Yield Hits 2002 High, Raising Mortgage And Loan Costs

By Fox Business

The yield on the 10-year Treasury hit the highest level since 2002 during Thursday's trading session as higher borrowing costs impact the economy of large and impact households. Yields on longer-dated Treasurys have risen this year amid the geopoliti ...Read more