The Federal Reserve Bank’splan to ease its monthly bond acquisitions, otherwise known as quantitative easing, has sent reverberations through the markets. Most notably, yields on 10-year Treasuries have jumped to around 2.5 percent—up from a low of 1.66 percent in early May. Since Treasuries are the basis for many types of debt, borrowing costs have risen as a result, including for commercial real estate. Brian Bailey, a senior financial policy analyst in the ...
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