The Fed slashed interest rates last week, but Treasury yields are rising. What's going on?
Despite a 50 basis point rate reduction, Treasury yields have been moving higher, particularly at the long end of the curve.
Muni Bond Refinancing Wave Bolstered by Fed Interest Rate Cuts
States and local governments are refinancing more debt than in years, seizing on lower borrowing costs and signaling a wave ...
Mortgage Demand Soars As Fed Interest Rate Cut Fuels Housing Market Revival: 'Next Spring Could See A Real Rebound'
American homeowners and prospective buyers had been biding their time, waiting for a decisive move from the Federal Reserve ...
Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
Sales of previously owned homes in the United States fell sharply in August, despite mortgage rates plummeting that month.
Jerome Powell’s power grows after Fed endorses interest rate cut
All but one of the 12 voting members supported Powell’s bid to start big with a half-point cut. That’s a key victory for the ...
Yellen says economy on 'soft landing' path, Fed's policy rate will fall to neutral level
U.S. Treasury Secretary Janet Yellen said on Thursday that labor market and inflation data suggest the U.S. economy is on a ...
NY Fed’s Williams Announces New Body to Monitor Reference Rates
Federal Reserve Bank of New York President John Williams on Thursday announced the formation of a body of private market ...
Futures slip as investors await economic data, Fed rate clues
The benchmark S&P 500 and the Dow closed at record highs for the second straight time in the previous session, with most of ...