US Treasury yields rise as bond selloff lifts borrowing costs
A selloff in U.S. government bonds is pushing up borrowing costs, a move investors link to higher yields that can squeeze households, companies, financial markets and the federal budget.
By Karen BrettellA selloff in U.S. government bonds is pushing up borrowing costs, which could squeeze households, companies, financial markets and the federal budget alike.WHY HAVE YIELDS BEEN RISING?Investors point to several forces behind the move, which has sent the 30-year yield (US30YT=RR) to…