NewsDialy
A sell-off in long-term Treasuries is raising borrowing costs, and the pain is landing unevenly.
government bonds with maturities beyond a decade; when investors sell them, prices fall, yields climb, and those higher yields feed into the rates that ordinary borrowers pay on mortgages and business loans.
Wall Street, sitting on the other side of that trade, is in a different posture: it is waiting. The name attached to that wait is Warsh.
A political problem in bond form Three forces are cited as driving the sell-off: government debt, AI infrastructure spending, and energy.
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