Treasury yield climbs to 2.13 percent on Tuesday
The 10 year Treasury note rose to 2.13 percent on Tuesday. Higher yields influence mortgage rates and consumer loan costs across the economy.
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Newspaper
Baytown Sun
Location
Baytown, Texas, United States of America
Date
Jun 05, 2019
Page
8
The 10 year Treasury note rose to 2.13 percent on Tuesday. Higher yields influence mortgage rates and consumer loan costs across the economy.
The U S China tariff dispute tightens with higher duties on mutual goods and stalled talks. Studies show Chinese exporters bear the impact while U S consumers see higher costs. Prices for appliances rose 12 percent but broader growth could fall, with Oxford Economics predicting 0.3 percentage point slower U S growth in 2020 and a larger hit for China.
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