[Antoninus]

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

Stock market is also up this morning, so the roaring economy is lifting a lot of folks, myself included.

[Alberta's Child]

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

Except for your pension funds and bond mutual funds that are loaded up with lots of bonds issued in 2020-21 and are yielding about 2%.

[Mariner]

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

MOST of those treasuries are paying at least .5% less than the current rate.

Those entities are getting hammered.

And most of them are “institutions”. Not individuals.

[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.