Why America's Borrowing Costs Are Rising Again

America’s cost to borrow rose in Asian trading Sept. 28, hovering just under multiyear highs, the WSJ reported. Stalled U.S.-Iran talks pushed oil up, hurting bonds. Think of yield — the interest on government IOUs that guides mortgage rates — the 30-year was 5.502% Sept. 25, per Yahoo Finance. I expect borrowing to stay pricey if oil holds.