US interest rates reach highest level since 2007

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US interest rates reach highest level since 2007
Photo: Seth Wenig

Treasury yields are rising all over the world. On Tuesday alone, the yield on the US 30-year Treasury rose by around 0.05 percentage points to 5.18 percent, the highest level since 2007.

Swedish government bond yields are also up by approximately 0.05 percentage points, but are at significantly lower levels than US yields and lower than most other countries' market yields.

The rise in interest rates has accelerated in recent weeks amid rising inflation concerns following the global energy crisis. Investors want better returns on their long-term fixed-income investments.

Higher long-term market interest rates put upward pressure on fixed mortgage rates.

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TT News AgencyT
By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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