The bond market is revolting — and your mortgage is the first casualty

The global bond market is throwing a massive tantrum, and the fallout is heading straight for your wallet. Investors are aggressively dumping U.S. government debt. This global bond market rout has driven long-term borrowing costs to heights not seen in nearly two decades. The most immediate casualty of this panic is the American home buyer. […]

Read it at Washington Examiner ↗

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