The recent interest rate increases come as more and more analysts and market participants have begun to expect that the US Federal Reserve (Fed) will raise the key interest rate in the world's largest economy on Wednesday.
The unusually high US interest rates are pushing up rates worldwide - including in Sweden, where mortgage banks that are having to pay increasingly higher prices for their funding in the bond market have begun to raise mortgage rates on longer maturities.
The Trump administration - whose war with Iran has helped lift global inflation through higher energy prices - tried to push down long-term market rates in August by doubling the pace of its bond buybacks. However, this only bought a few days' respite before rate pressure returned.
The mortgage crisis in the US in 2007 - which ultimately led to a global financial crisis after Lehman Brothers collapsed in the fall of 2008 - gained momentum when many households that had taken out cheap mortgages could no longer pay rapidly rising interest rates.
