Retirees face uneven effects as Treasury yields top 5% and borrowing costs climb

Long-term Treasury yields moved above 5% this week while short-term rates remained elevated, underscoring what MarketWatch says is an uneven impact of higher borrowing costs on retirees.

• MarketWatch says higher borrowing costs affect retirees unevenly.
• 10-year Treasury yield was 5.28% on Oct. 7, per the Fed.
• 2-year Treasury yield stood at 4.77% on Oct. 7, official data show.
• Effective fed funds rate was 3.75% in September, according to the Fed.