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Interest Rate Rises
By Stephen Bernard |
April 5, 2010, Monday
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Print Edition
Print Edition
INTEREST rates rose in the bond market last Friday after United States employers added jobs in March for only the third month since the recession began.
The yield on the 10-year Treasury note, which is often used as a benchmark for consumer loans, rose to its highest level since last June and approached 4 percent for the first time since 2008.
The yield on the 10-year Treasury note, which is often used as a benchmark for consumer loans, rose to its highest level since last June and approached 4 percent for the first time since 2008.
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