Bond yields are climbing. Here’s what that means for mortgages and other consumer borrowing

Brett House, an economics professor at Columbia Business School, is quoted in this CNBC piece, "Bond yields are climbing. Here's what that means for mortgages and other consumer borrowing" (August 18, 2026). He's cited on how rising Treasury yields feed through to consumer borrowing costs, noting that many rates pass through to consumers almost immediately since variable and some fixed-rate loans reset daily.