Yield on 30 year U.S. Treasury bonds hits highest since 2007
- The Treasury 30-year yield has reached its highest level since 2007 at 4.856%.
- Bond vigilantes, led by Rick Santelli, are back and predict that 10-year Treasury yields could reach as high as 13%.
- Santelli argues that the rising yields are a consequence of excessive spending and a ballooning deficit, which the market is using to get Washington's attention.
5 Articles
5 Articles
30 Year Yields Hit Highest Since 2007 One Day After CNBC's Santelli Suggests 10 Year Could Go To 13%
30 Year Yields Hit Highest Since 2007 One Day After CNBC's Santelli Suggests 10 Year Could Go To 13% This morning yields are once again rising, with the Treasury 30 year hitting highs of 4.856%, a level it hasn't touched since 2007. The move sure seems to support a notion Rick Santelli laid out yesterday on Fast Money that bond vigilantes are back in full force. Santelli even predicted that 10 year yields could touch as high as 13%. "In the gra…
Yield on 30 year U.S. Treasury bonds hits highest since 2007
Yields on long-dated U.S. government bonds hit their highest since 2007 on Tuesday, echoing the sharp rise across the rest of the Treasury curve this week, as investors fret about the prospect of rates remaining higher for longer.
The Housing Market and Economy at Risk as Treasury Yields Reach Highest Level Since 2007
The benchmark indices on Wall Street experienced a sharp decline as Treasury yields surged to the highest level since 2007. Concerns arose that higher interest rates could negatively impact the housing market and potentially cause an economic recession. The Dow Jones fell over 400 points, marking its worst day since March of this year. Additionally, the S&P 500 dropped 1.4 percent, reaching a three-month low, while the Nasdaq fell nearly 2 perce…
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