Treasury yields reach levels unseen in at least 20 years as car loans cost more

  • Treasury yields are pushing up financing costs for car buyers.
  • Five-, 10- and 30-year Treasury yields reached levels unseen in at least 20 years.
  • A one-percentage-point rate increase can notably raise the cost of an auto loan.

Car buyers face higher financing costs as yields on five- and 10-year Treasury notes rise. Yields on five-, 10- and 30-year Treasurys have reached levels not recorded in at least 20 years, experts say. Because many auto-loan rates are linked to Treasury yields, even a one-percentage-point increase in the rate charged can significantly increase the total cost of financing a vehicle.

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Treasury yields reach levels unseen in at least 20 years as car loans cost more - CoinPost Terminal