Unlock unlimited access to all our award-winning journalism, subscriber-only podcasts and newsletters Unlock unlimited access to all our award-winning journalism, subscriber-only podcasts and newsletters House prices survived the last interest-rate rise. Supports that shored up the housing market when borrowing costs last rose are gone R ISING BOND yields imperil government finances. They will also change the housing market.
The interest rate on most American mortgages, after all, closely tracks the ten-year yield on Treasuries, now around 5% and the highest in two decades, German mortgage lenders price off long-term bunds, and so on in other rich economies. If interest rates remain high, let alone rise further, a confluence of factors could spell a long period of weakness for house prices. The GDP-per-person slowdown threatens global living standards Brazil, China, Germany and Russia have recently joined an unfortunate club How fast are AI investments translating into broader gains?
Taiwan and South Korea offer hints Soaring bond yields, gaping deficits and towering debts: what could go wrong? To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies. Registered in England and Wales.
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