Reported 10 days ago
After a period of refuge in Treasuries amidst stock market chaos, bond yields are surging again as investors grapple with predictions regarding the Federal Reserve's next steps. The average 30-year mortgage rate remains high at 6.6%, raising concerns for homebuyers, while the volatility in bond yields, influenced by recent tariffs and economic forecasts, complicates the outlook for borrowing costs.
Source: YAHOO