Tag: basis points
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US bond investors brace for ‘hawkish cut,’ spurn long-term bonds
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bond investors, expecting the Federal Reserve to cut interest rates by a quarter...
Mortgage and refinance rates today, December 13, 2024: 30-year rate drops 18 basis points in a month
It may have felt like there would be no relief from rising mortgage rates for a couple of months. However,...
Stock market today: Indexes end lower as tech slips and bond yields rise after PPI
Indexes closed lower on Thursday after wholesale inflation data was slightly hotter than expected. ...
November CPI report marks latest test for Fed in fight against inflation
November's Consumer Price Index (CPI) will serve as the latest test of whether an inflation resurgence is a risk to...
Mortgage and refinance rates today, December 6, 2024: Rates decrease again
Mortgage rates have dropped for the second week in a row. According to Freddie Mac, the 30-year fixed mortgage rate...