altphoto comments on 10-year Treasury yield climbs above 5.3% to a level not seen in 24 years

submitted 23 hours ago by rssbot@lemmy.bestiver.se [M, B] to c/hackernews@lemmy.bestiver.se

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[–] altphoto@lemmy.today 6 points 20 hours ago

Fifth or sixth financial crisis of our life.. Here... We.. Goooo!!!

Housing activity tends to weaken. Higher mortgage rates reduce affordability and can discourage transactions and construction.