Dagen McDowell highlights rising long-term Treasury yields, impacting mortgages and corporate debt. She notes the U.S. Strategic Petroleum Reserve falls to its lowest level since 1983.
Dagen McDowell discusses the concerning financial outlook as long-term Treasury yields climb above 5% for 30-year and 4.5% for 10-year, directly impacting American mortgage and corporate debt rates. She highlights the U.S. Strategic Petroleum Reserve reaching its lowest level since 1983 due to a recent 3 million barrel drawdown, signaling a negative trend for crude inventories and overall economic stability.
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