Bond market tremor lifts borrowing costs across government, businesses and households

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Source: The Washington Post
Bond market tremor lifts borrowing costs across government, businesses and households
Photo: The Washington Post
TL;DR Summary

Long-term U.S. Treasury yields rose to their highest level since 2007, with the 30-year topping around 5.3%, pushing up borrowing costs for the government and for consumers and businesses while sending stocks lower and signaling tighter financing conditions amid high debt and Federal Reserve uncertainty.

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