A high T-note yield could affect your wallet
Podcast: MarketplacePublished On: Tue Oct 03 2023
Description: The yield on 10-year Treasury notes hit the highest level since 2007 — not the best era to bring back, economically speaking. This is bad news for the government’s ability to borrow money, and it’s also not great for everyday Americans who plan to take out a mortgage or pay off their car. We’ll dig into why. Plus, attendance climbs at MLB games, the latest federal JOLTS report shows unexpected strength in the labor market and former Yellow truck drivers struggle to find jobs.
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