Treasury yields spike as 30-year bond rate hits 20-year high

Treasury yields surge as the 30-year bond rate hits a 20-year high of 5.27%. Bullseye American Ingenuity Fund portfolio manager Adam Johnson explains how rising interest rates pressure stocks and impact investor strategy.

Portfolio manager Adam Johnson warns that rising interest rates will pressure stocks as the 30-year bond rate climbs to a twenty-year high of 5.27%. Discussing treasury yields on ‘Mornings with Maria’, Johnson explains how higher borrowing costs make future corporate earnings worth less today, but notes that these elevated yields are starting to incentivize new buyers.