What’s going to occur subsequent to bond yields and rates of interest? And the way ought to that affect what buyers do with their spare money?
Bond yields started transferring larger in earnest early final yr in response to a sequence of curiosity charge hikes by the Federal Reserve. Earlier this month, the yield on the benchmark 10-year U.S. Treasury word hit its highest stage in 16 years, whereas yields on shorter-term debt securities additionally rose.
That…