Rising Bond Yields Could Increase Mortgage and Loan Rates for U.S. Consumers
Higher bond yields may push up interest rates for mortgages and business loans, according to BBC analysis.
The BBC's Samira Hussain explains how rising bond yields could translate into increased interest rates for American consumers seeking mortgages and businesses looking for loans.
Bond yields affect the rates that lenders charge for credit products, potentially making borrowing more expensive across the economy.
Sources
- How rising bond yields impact American consumers — BBC Business
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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