10-year Treasury yield hits 3%. Here’s what this means for your wallet

Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

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

Link: https://www.marketwatch.com/video/explainomics/10-year-treasury-yield-hits-3-here-what-this-means-for-your-wallet/61F24A8D-6059-4418-8BC3-03FF7D92EF90.html

Questions for discussion:

  • Summarize the reasons rates may be heading higher.
  • How will this affect various borrowers and industries?

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