The 30-year mortgage rate shot up the day after the Federal Reserve cut interest rates. Hours after the Federal Reserve cut its benchmark interest rate by 25 basis points on Wednesday, mortgage rates ...
The housing market is 'stuck' and the labor market is 'losing velocity,' says BlackRock's deputy CIO of fixed income Treasury yields have gone up since the Fed announced Wednesday that it decided to ...
Markets have been predicting another rate cut for weeks, but bond yields have been rising. The 10-year Treasury yield has steadily risen in recent weeks, and ticked up to 4.2% on Wednesday. Bond ...