A 5% Treasury Yield Is Raising New Risks for Markets, Economy
The bond selloff has driven a key Treasury yield to the verge of 5%, worsening angst from Wall Street to Washington about the higher borrowing costs hitting the US economy.
<p>The bond selloff has driven a key Treasury yield to the verge of 5%, worsening angst from Wall Street to Washington about the higher borrowing costs hitting the US economy.</p>