U.S. 10-year Treasury yield reaches highest level since 2007

  • The U.S. 10-year Treasury yield reached its highest level since 2007.
  • Higher yields raised concerns about housing, commercial real estate and heavily indebted companies.
  • Experts warned the worst effects would be felt within a period beginning 12-...

The U.S. 10-year Treasury yield has reached its highest level since 2007, increasing concern that higher financing costs could expose vulnerabilities across the housing market, commercial real estate and heavily indebted companies. Experts warned that the most severe effects would be felt within a period identified in the source as 12-...

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