Why Treasury Yields Are Rising, and What That Means for the Economy
A number of factors are converging to raise yields, namely a higher fiscal deficit, inflation running above the Fed's 2% target, a weaker dollar, and soaring bond issuance by technology companies. Some analysts warn that the desired shift may not last and that the buybacks could even backfire.
Sources
- https://finance.yahoo.com/economy/policy/article/the-treasury-department-just-pushed-down-long-term-us-bond-yields-that-could-make-kevin-warshs-job-harder-174238269.html
- https://finance.yahoo.com/economy/policy/articles/treasury-makes-surprise-move-bring-020819303.html
- https://www.cbsnews.com/news/bond-sell-off-treasury-yields-borrowing-costs/