Postaus

The Federal Reserve did not raise interest rates in July, but the long-term bond market did it for them. The 30-year US Treasury yield surged to around 5.31%, hitting a new high since 2007; the 10-year yield also reached about 4.72%. Seeing this, my first reaction is not "high yields are great," but rather: how expensive must funding become before lenders are willing to keep lending to the US?#XiaomiEarningsWatch #30YYieldHits2007High #SanDiskLongTermDeals