Prices Down, Yields Up
Mortgage rates are going higher.
Oct. 26 (Bloomberg) -- U.S. Treasuries fell, pushing the 10-year note's yield to the highest since its peak this year in March, on speculation the Federal Reserve will continue raising interest rates into next year.
European and Japanese government bonds also slumped on speculation central banks in those regions will lift rates for the first time in years. Two-year Treasury yields, more sensitive to expectations for monetary policy, are at a four- year high. Inflation has accelerated, led by fuel prices.
More...
Oct. 26 (Bloomberg) -- U.S. Treasuries fell, pushing the 10-year note's yield to the highest since its peak this year in March, on speculation the Federal Reserve will continue raising interest rates into next year.
European and Japanese government bonds also slumped on speculation central banks in those regions will lift rates for the first time in years. Two-year Treasury yields, more sensitive to expectations for monetary policy, are at a four- year high. Inflation has accelerated, led by fuel prices.
More...
posted by Little_Silvered at 7:47 PM
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