https://redstate.com/blackhedd/2009/05/28/bond-market-distress/feed/Conservative News & Politicsen-usTue, 09 Jun 2026 14:59:38 -0400<![CDATA[I&#8217;ve been telling people privately to watch the bond market for about a week now. Since last Thursday, we&#8217;ve seen a very sharp, fast drop in prices for medium and long-term US Treasury securities, which (in consequence) increases yields. The yield of the 10-year note, which is a critical indicator for mortgage rates, has leapt up above 3.70%, from below 3% just a few weeks ago, and from 2% at the beginning of the year. The yield curve is now steeper than it&#8217;s been in decades.]]>Thu, 28 May 2009 08:48:22 -0400<![CDATA[Francis Cianfrocca]]>https://redstate.com/blackhedd/2009/05/28/bond-market-distress-n41265