Update of Treasury yields in the US 2yr Treasury Yields - 0.51% 10yr Treasury Yields - 2.98% 30yr Treasury Yields - 3.88%
What do these numbers means? A rise in yields implies a fall in bond prices. If you have investment in bonds, most likely you'll see a drop in your portfolio value. Short term yields have already more than doubled from 0.24 to. 0.51.
This also means that interest rates are rising. Those with floating rate loan packages will feel the effect of higher interest rates. If you have substantial loans like housing and car loans, do take note of the impact.
The good news is a rise in interest rates usually signify a economic recovery. Money is flowing out of bonds(which is considered a safer asset) into equities and other more risky assets.
Dry bulk shippers have bottomed out from its low and ...
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