https://www.france24.com/en/business/20250412-investors-dump-us-government-bonds-faith-america-falters-tariffs-trump

«Among the possible knock-on effects is a big hit to ordinary Americans in the form of higher interest rates on mortgages, car financing and other loans.

“As yields move higher, you’ll see your borrowing rates move higher, too,” said Brian Rehling, head of fixed income strategy at Wells Fargo Investment Institute. “And every corporation uses these funding markets. If they get more expensive, they’re going to have to pass along those costs customers or cut costs by cutting jobs.”»