Borrowing costs, gas, and groceries are all climbing at once — bad news for anyone with a loan, a mortgage, or a tight household budget.

• Government bond yields are at their highest since 2007, pushing up mortgages, car loans, and credit card rates.
• Gas jumped 13 cents in a week to well over $4, with diesel far higher, and that cost ripples into everything else.
• Mortgage rates are heading toward 7%, which would freeze an already stuck housing market and slow new building.
• War spending is part of the cause — the Pentagon puts the Iran conflict's cost at $33 billion, though real estimates run far higher.
• The US confirmed it has weapons deployed in space, and Russia is calling for space to stay demilitarized.

Outlook: With rate hike expectations rising and no relief on gas or housing, the squeeze on ordinary budgets is likely to get worse before it gets better.