The 30-year Treasury yield reached 5.48 percent on September 24, the highest since 2004, with the 10-year near 5.21 percent and the 2-year at 4.93 percent. This week on On The Markets we explain why bond yields are rising after the September 16 hike , and what that move means for mortgage rates, stocks, and borrowing costs.
This week Sonoma Wealth Managing Principals Daren Blonski CFP®, Chris Sipes CFP® and Marketing Director Dano Weir:
• Why are AI competitors all asking for a slowdown all of a sudden?
• China came to DC...what could that mean for the bond market?
• Why the key with the bond market is not where it goes, it’s how fast.
Is this structural decline? Or just the September Daren predicted might be coming?