When the 10-year Treasury yield tops 4.80%, it often indicates rising interest rates. This can have several effects on the economy:
1. **Borrowing Costs Increase:** Higher yields mean increased borrowing costs for businesses and consumers. This can lead to reduced spending and investment, slowing economic growth.
2. **Impact on Stock Market:** Higher yields may attract investors away from stocks to bonds, potentially causing a decline in the stock market. Investors may find fix...