Peter Schiff says 10-year Treasury yield will soon top 5.5%, pushing mortgage rates above 8%

Peter Schiff says the 10-year Treasury yield will soon top 5.5%, and if it does, mortgage rates will climb above 8%. The 10-year is near 5.3%, its highest since 2002, and 30-year mortgage rates hit 7.24% in mid-September.

Detected & updated continuously · Source: Nebula