Description: The yield on the 10-year U.S. Treasury note broke above 3% on Tuesday, amid growing speculation that the Federal Reserve will be more aggressive in raising interest rates in 2018. Here’s what this means for you and your money.
Source: MoneyWatch.com – video report
Date: Apr 25, 2018
Questions for discussion:
- Summarize the reasons rates may be heading higher.
- How will this affect various borrowers and industries?