Treasury notes
10-year Treasury yield shoots above 4.6% after hot CPI report
The consumer price index rose 0.5% in January, and is up 3.0% over the last 12 months, according to the Bureau of Labor Statistics. Economists surveyed by Dow Jones were expecting a monthly rise of 0.3% and a 2.9% increase year over year. Core CPI, which excludes volatile food and energy prices, rose 0.4% for […]
Read More
2-year Treasury yield rises ahead of key January jobs report
U.S. Treasury yields were trading in mixed territory on Friday, as investors awaited key January jobs data which will provide fresh insights into the state of the labor market. At 4:07 a.m. ET, the 10-year Treasury yield was down by less than one basis point to 4.436%. The 2-year Treasury yield was last at 4.2328% […]
Read More
Mortgage rates aren’t likely to fall any time soon — here’s why
Key Points Rates on a 30-year fixed mortgage rose above 7% in the week ended Jan. 16, according to Freddie Mac data. Mortgage rates were below 3% as recently as late 2021. They are unlikely to fall below 6% until 2026, economists said. That’s partly due to investor worries tied to President Donald Trump’s policy […]
Read More
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped to their highest level since November 2023 after the latest jobs data came in stronger than economists had forecast. The 10-year Treasury yield added nearly six basis points at 4.745%. The 2-year Treasury surged more than 10 basis points at 4.369%. One basis point is equal to 0.01% and yields and […]
Read More
10-year Treasury yield jumps after economic data points to sticky inflation
U.S. Treasury yields rose on Tuesday after economic data suggested services inflation is proving hard to tame. The 10-year Treasury yield climbed more than seven basis points to 4.693%, and earlier hit an intraday high of 4.699%, reaching its highest level since April 26. The 2-year Treasury yield gained more than two basis points to […]
Read More
Treasury yields dip as final trading week of 2024 kicks off
U.S. Treasury yields slipped on Monday in one of the final trading days of the year got underway. The yield on the 10-year Treasury was down by about 7 basis points at 4.547%, trading just below multimonth highs recorded last week. The 2-year Treasury yield was last trading at 4.254% after dipping by about 7 […]
Read More
How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates to fall. But that may not happen for some time. “I think the best case scenario is we’re going to continue to see mortgage rates hover around six and a half to 7%,” said Jordan […]
Read More
10-year Treasury yield leaps to 4.5% as Fed signals caution on future rate cuts
U.S. Treasury yields jumped on Wednesday after the Federal Reserve announced its latest interest rate cut, but signaled fewer could be on the horizon. The yield on the 10-year Treasury climbed more than 11 basis points to 4.498%, hovering around the key 4.5% level in afternoon trading. The 2-year Treasury yield surged more than 10 […]
Read More
10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report
The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and striking workers, and was far below what Wall Street was expecting. The 10-year Treasury yield jumped nearly 10 basis points at 4.382%. The 2-year Treasury yield was higher by 5 basis points […]
Read More
CNBC Daily Open: Treasury yields are making a return, like an uninvited ex
Specialist traders work inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 23, 2024. Brendan McDermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
Read More