Bond market sell-off threatens higher borrowing costs. Here is what it means for your money.

Business

Bond Market Sell-Off Threatens Higher Borrowing Costs. Here Is What It Means For Your Money.

By CBS News

A bond sell-off driven by investor fears over inflation and rising government debt has rattled markets and threatened to raise borrowing costs for everyday Americans looking to purchase a home or car. The yield on the 30-year Treasury reached 5.3% ea ...Read more