10-Year Treasury Yield Hit 1.21%, More than Doubling Since Aug. But Mortgage Rates Near Record Low. And Junk Bond Yields Dropped to New Record Lows
by Wolf Richter, Wolf Street: Bond Market Smells a Rat: Inflation. So the Fed seems OK with rising long-term Treasury yields. The bond market smells a rat, but the mortgage market and the high-yield bond market are holding their nose and plowing forward: The 10-year Treasury yield rose to 1.21% on Friday, the highest since […]
Source: https://www.sgtreport.com/2021/02/10-year-treasury-yield-hit-1-21-more-than-doubling-since-aug-but-mortgage-rates-near-record-low-and-junk-bond-yields-dropped-to-new-record-lows/
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