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Tag: 10year

Bill Ackman believes 10-year Treasury yield could approach 5% soon

Billionaire hedge fund manager Bill Ackman believes long-term Treasury yields can shoot even higher in the short run on the back of stubborn inflation."I would not be shocked to see 30-year rates through the 5% barrier, and you could see the 10-year approach 5%,"...

Credit crunch worries at 10-year plus high, New York Fed survey says

Choochart Choochaikupt | Istock | Getty ImagesAmerican consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York Federal Reserve survey released Monday.Respondents indicating that the ability to get loans, credit cards...