A sustained sell-off in the bond market sent long-term Treasury yields to their highest levels in nearly 20 years this week, rattling both Wall Street and Washington. Higher yields, essentially the interest rate the government pays to borrow money, also mean higher borrowing costs throughout the economy, from mortgages to car loans. Amna Nawaz discussed more with The Washington Post's David Lynch.

On Wednesday, the Treasury Department's decision to double its purchases of longer-dated bonds sent yields lower and gave stocks some breathing room.

⏳ Reading Time: 6 minutesGovernment bond yields have moved relentlessly higher this year, and the striking feature of that move is how little it seems to care about the economic…

US 30-year Treasury yield rises to 5.25%, the highest since 2007. Fed pause in next three meetings at 74% YES.