Tag: basis points
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Key US Yield Hits 4% for First Time Since August on Fed Rethink
(Bloomberg) -- The yield on the benchmark 10-year US Treasury is back at 4%, a level not seen since August, after a blowout jobs...
Bond traders buckle up for ‘no landing’ after jobs surprise
(Bloomberg) — The “no landing” scenario – a situation where the US economy keeps growing, inflation reignites and the Federal Reserve has little room...
Mortgage and refinance rates today, October 4, 2024: Rates fall 1.37% in a year
Mortgage rates have gone up this week. According to Freddie Mac, the 30-year mortgage rate increased for the first time in almost two weeks...
Chinese Stocks Snap 13-Day Rally, Yen Weakens: Markets Wrap
(Bloomberg) -- Chinese shares in Hong Kong fell as investors hit pause on their world-beating rally over the past month. Japanese stocks gained on...
Mortgage and refinance rates today, October 2, 2024: Rates are up since last week
Most mortgage and refinance rates have increased over the last week. According to Zillow, the 30-year fixed mortgage rate is up 12 basis points...