US 10-year Treasury yield reaches 3% for first time since 2018…

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by __brodo__

The yield on the government bond has profound effects on the economy, feeding into home mortgage rates and borrowing costs for companies. The higher yield, which rises when bond prices fall, is tightening financial conditions after two years of the coronavirus pandemic.

See also Rent is growing FASTER than incomes (since the Fed & its private equity accomplices turned shelter - a basic human need - into a speculative asset bubble)

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See also Take Care Of America First! We Are Sending Mountains Of Money Overseas But Our Own Communities Are Dying

www.ft.com/content/b164866c-90b4-47fc-bf17-8f5b300564e3

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