Tag Archive for: politics

Why Rates Went Up After Democrats Took Senate; Affect On Mortgages & Housing

10 YEAR TREASURY EXCEEDS 1% FOR FIRST TIME SINCE MARCH As soon as it became apparent that the two Democratic Senatorial candidates would win in Georgia, rates started to edge higher. As most readers know, mortgage rates tend to correlate to the 10 Year Treasury Bond – although this year that correlation has not been […]Read More

“Rising Bond Yields Ease Recession Fears” Does It Matter?

The title of today’s blog is from this recent WSJ article (as always, we can send key excerpts to non-subscribers). The article quotes Fed Chairman Jerome Powell, as he pointed out how strong consumer spending and employment numbers indicate that the U.S. economy remains robust and should retain its health into the near future. Inflation […]Read More