CoinScoopJack Ablin warns of pressure after 10-year Treasury yield exceeds 5%
As the 10-year U.S. Treasury yield hits its highest level since 2007, industry experts are monitoring the impact of sustained rates above 5%. Jack Ablin, Chief Investment Officer at Cresset Capital, stated that the primary challenges will emerge in 12 to 18 months when businesses and borrowers are required to refinance at the new interest rates.
Summaries are written by AI from the original article. Not investment advice.