Money
Peter Schiff predicts 10-year Treasury yield above 5% will rise further
The Peter Schiff Show
The Fed Hiked Rates 0.25%. It Won't Stop What's Coming.
What was said
"the yield on the 10-year Treasury is back above 5%. It's at 5.02% and headed higher. This is not the top. This is a stepping stone to 6% and higher."
Peter Schiff predicts that after an early bond rally, the 10-year Treasury yield moved back above 5%. He says it is not the peak and forecasts a move to 6% and beyond, arguing this would push up borrowing costs, including mortgages.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Speaker
- Peter Schiff · host
- Programme
- The Peter Schiff Show
- Episode
- The Fed Hiked Rates 0.25%. It Won't Stop What's Coming.
- Clip time
- 17:06
- Original source
- Watch the source segment →
From this episode
The Peter Schiff Show