Bond yields across the globe have risen as we begin the new year, fueling concerns over government finances and raising the specter of higher borrowing costs for consumers and businesses. The U.S. 10-year Treasury yield touched a fresh 14-month high this week as investors reassess the pace at which the Federal Reserve (Fed) might lower interest rates. But the U.S. economy has so far withstood higher rates, even as most expected rates to decline as the Fed begins its rate-cutting cycle. In this video, we will discuss a few reasons why consumers and corporations have held up better than expected with sustained higher rates and what could impact the Fed’s decision-making going forward.
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Watch here: https://youtu.be/Ko6DAG-xDaY
