«The value of existing bonds are going to get hammered,» Marrion said. (insurancenewsnet.com)
«We have a rising interest rate market and in Finance 101 you learn that when interest rates go up, the value of existing bonds goes down,» he added. (insurancenewsnet.com)
Mortgage rates follow the path of the benchmark 10 - year U.S. Treasury note TMUBMUSD10Y, -0.63 %, which has been under pressure this year as investors expect a faster pace of inflation, which would erode the value of existing bonds, and more borrowing by the U.S. government to patch big deficits. (marketwatch.com)