30-year Treasury bond yield rises to highest level since 2007

Every point on that yield is a point on your next mortgage quote.

The yield on the U.S. 30-year Treasury bond surpassed 5.3 percent on Tuesday before a slight downtick, foreshadowing an increase in borrowing costs across the country. The 30-year bond yield is 5.284 percent as of Tuesday afternoon, after opening at 5.308 percent and peaking at 5.337 percent earlier in the day. That marked the highest…

Read it at The Hill ↗

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