Mortgages, Other Loans Get Pricier as 10-Year Treasury Rate Tops 3%
USA Today, Apr. 24, 2018–Adam Shell
Early Tuesday, the 10-year Treasury yield ticked above 3% for the first time since January 2014, according to Tradeweb. The closely watched benchmark affects borrowing costs for businesses and shoppers and is the latest sign that interest rates are moving up after remaining depressed for nearly a decade following the financial crisis.
