Bond Yields Hit a 24-Year High: Schiff, Ackman, Hayes Can’t Agree Why

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The 30-year U.S. Treasury yield closed at 5.47% on Sept. 24, its highest since February 2002. Peter Schiff, Bill Ackman, Brian Armstrong and Arthur Hayes are reading the hike in four different ways. The Numbers on the Screen The U.S. Treasury’s daily yield curve shows the 10-year note closing at 5.18% and the 30-year bond […]