[Miami Rebel]

“Considering like 70% of treasuries are owned by Americans, this is good news for a lot of people.”

Not to be pedantic, but you don’t understand how markets work. Whoever, whether domestic or foreign, owns ten-year treasuries is LOSING MONEY. The fact that rates are higher today doesn’t work backwards. If I bought at 4.14% and sold today at 5.2, I’d be taking a beating.

The boost in yields means that US investors have lost tens of billions on their Treasury holdings. Hardly good news.

[Antoninus]

Whoever, whether domestic or foreign, owns ten-year treasuries is LOSING MONEY.

Given that a large number of Americans buy treasuries, those folks will benefit from treasuries having a higher yield if they purchase them now, particularly if interest rates fall in the near future.

And the holder of older instruments would not be "losing money". If they hold the treasury to maturity, they will get the full face value, plus all promised interest payments. Any "losses" are on paper only or if the holder decides to try to sell before maturity.