US Bond Market and Homebuyers React to Rising Inflation and Interest Rate Fears
The US bond market is showing nervousness over rising inflation and ballooning debt, leading to expectations of rate hikes and a jump in mortgage rates. These inflation fears, coupled with higher oil prices, are also weighing heavily on US homebuyers.
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Bond Market Gets Nervous about Rising Inflation, Ballooning Debt, Sees Rate Hike. Mortgage Rates Jump to 6.46%
10-Year Treasury yield bounced to 4.35% on Friday, after dipping earlier in the week. 30-year Treasury near 5%. Entire Yield Curve above EFFR.
By Wolf Richter
Read full article →Higher oil prices and inflation fears weigh on US homebuyers - Qatar Tribune
Higher oil prices and inflation fears weigh on US homebuyers Qatar Tribune
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