Courtesy of Mish.
Curve Watcher’s Anonymous notes that yields on US treasuries are the highest since mid-2011.
click on chart for sharper image
$TNX Daily Chart
Since May, the yield on 10-Year treasuries is up 137 basis points (1.37 percentage points) to 2.98%.
Mortgage rates are up similarly.
Here is set of charts from Bankrate.
30-Year Mortgage Rate on June 11
15-Year Mortgage Rate on June 11…
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