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Market Impact: 0.45
Rising Treasury yields could push car loan rates higher, experts say. What buyers need to know
Source: CNBC
Interest Rates & YieldsInflationMonetary PolicyAutomotive & EVConsumer Demand & Retail
Bond yields have risen on expectations that inflation will remain persistent and that the Federal Reserve will deliver additional rate hikes. Higher yields could raise auto-loan borrowing costs, creating a headwind for vehicle affordability and auto demand.
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