CA, US & World
Bond Market Pressures Could Mean Higher Costs
The bond market may not get as much attention as the stock market, but economists say it can have a major impact on the U.S. economy — and consumers.
A recent sell-off in the bond market has pushed Treasury yields higher, putting pressure on household borrowers.
Higher Treasury yields can lead to higher interest rates on mortgages, auto loans and other forms of borrowing because banks use Treasury rates as a benchmark.
The U.S. national debt has also topped 40 trillion dollars, while inflation remains elevated and global oil prices remain high.
In recent weeks, the Treasury Department announced plans to buy back more of its debt in an effort to help slow the rise in yields.
For consumers already dealing with higher costs for necessities like groceries and gas, rising borrowing costs could add to financial pressure.
By: NBC Palm Springs
September 2, 2026
Latest Instagram Posts
More than 2,000 rescues — and the year isn’t over yet. Santa Clemente lifeguards are keeping a close eye on the Pacific as they prepare for potentially stronger surf and bigger waves this winter. From Tower Zero, lifeguards monitor the entire beach and use cameras to spot trouble in the water. One of their biggest concerns? Rip currents, which can pull swimmers far from shore. With more rescues already this year than all of last year, lifeguards say the key is simple: be ready before someone needs help. #SanClemente #Lifeguards #OceanSafety #RipCurrents #BeachSafety SurfSafety SouthernCalifornia PacificOcean NBCPalmSprings
The Salton Sea is at a crossroads. From a massive restoration project bringing habitat back to the shoreline, to a potential lithium boom, and the new Salton Sea Conservancy, its future is being shaped right now. We’re taking you behind the scenes to explore what comes next for the Salton Sea. In our newest 30-minute report, go behind-the-scenes with the state’s conservation team, learn about updated timlines from lithium executives, and hear how former political leaders paved the way. Restoring the Salton Sea: Progress, Promise and Pressure. Streaming this Sunday on NBC Palm Springs. #saltonsea #lithiumvalley #saltonseaconservancy #marybono
A few PSUSD students will get a unique opportunity to learn more about careers in Aviation at the Palm Springs Air Museum with the districts launch of their Aviation and Aeronautics Career Exploration Program. Be sure to stay tuned with NBC Palm Springs to learn all about this. #palmspringsairmuseum #palmsprings #aviationeducation #psusd #backtoschool
Escape to the mountains without spending a fortune. Looking for a unique getaway? Hicksville Pines Bud & Breakfast in Idyllwild offers themed rooms, retro arcade games, outdoor activities, arts and crafts, nightly camp movies and plenty of opportunities to relax and enjoy the mountain air. And there’s a special deal for NBC Palm Springs viewers: 15% off your stay 20% off additional nights when available Use code NBCPalmSprings at checkout The adults-only property also offers a relaxed 420-friendly atmosphere and complimentary breakfast, including a memorable cannabis-leaf-shaped waffle. Would you stay here for a mountain getaway? #NBCPalmSprings #Idyllwild #HicksvillePines #MountainGetaway #CaliforniaGetaway WeekendGetaway CoachellaValley TravelCalifornia
☕️ Social Time with Thalia & Jerry. What’s your go-to breakfast?
A new Sand Cat kitten is receiving its first in-hospital wellness exam. Our Maria Noble Valdez was able to go into the hospital and get a unique behind-the-scenes look at why this is so important. Be sure to tune in at 5 and 6 pm tonight or visit nbcpalmsprings.com to learn more. #thelivingdesert #wildlifeconservation #sandcat #coachellavalley #palmdesert
Social Time with Thalia and Jerry. Does Sept. 1st make you think of fall, or not quite yet?
A judge has officially dropped a second degree murder charge against former Silvercrest CEO William Frank Rodriguez due to insufficient evidence. Rodriguez now faces a felony hit and run charge and driving under a suspended license. Rodriguez is accused of killing 60-year old Cathedral City resident Christina Barrington in a hit and run crash back in October of 2024. Tune in to our evening newscasts as our @newsbyalondra shares details on the preliminary hearing in this case.
It’s been one month since a car crashed into the Burger Box restaurant in Indio. Owner Anthony Ruiz says a lot has been happening behind the scenes since then. With some new, big developments over the past week, Ruiz spoke with NBC Palm Springs’s @maria_nvtv to discuss rebuilding, new details about the investigation taking place, and how the owners are feeling now. Watch the full on update on NBC Palm Springs at 5 & 6, and visit nbcpalmsprings.com to hear where things stand, what’s next, and how the Burger Box family is reflecting on this incident as they navigate their new reality. #BurgerBox #update #indio #localbusiness #rebuilding
Social time with Thalia and Jerry and Hayden