Friday Forecast: 10 Year Monthly Forecast of U.S. Treasury YieldsDonald R. van Deventer
the Central Bank's decision caused renewed hope that affordable mortgage rates would be available soon — even though the benchmark rate doesn't directly impact mortgages, which are instead closely linked to 10-year treasury yields as treasuries compete for investors with mortgage-backed securities....
22 At the same time, both the US dollar and long-term treasury yields were up sharply, suggesting that markets expect a further run-up in deficits and rates. The Federal Open Market Committee (FOMC) has already begun a rate cutting cycle, with 75 basis points of cuts through November. ...
Thirty-year mortgage rates, specifically, often move with the 10-year Treasury yield. Asinflationremains above the central bank’s 2 percent target, investors have been bidding up those 10-year rates. “In an environment where inflation is stubborn and economic growth is strong, there’s just ...
Mortgage interest rates (and Treasury yields) have bounced up and down over the past several months, with the 30-year fixed rate on a home loan going from 7% in May to the low 6% range by September – before reversing course to nearly 7% again in October. A Flourish chart The FOMC ...
Similarly, the forecast for rates at the end of 2024 now stands at 7.1%, up from 6.8% previously. At the end of 2025, rates are predicted to be 6.6%. The new forecast for mortgage rates reflects a steeper yield curve (longer-maturity Treasury yields are rising, which tends to ...
Mortgage interest rates (and Treasury yields) have bounced up and down over the past several months, with the 30-year fixed rate on a home loan going from 7% in May to the low 6% range by September – before reversing course to nearly 7% again in October. A Flourish chart The FOMC ...
Lower Bond and Treasury Yields:Right now the FED is sticking it to the equities market due to their desperate search for cash to pay out on debt liabilities. That’s drawn money into the bond market for comparatively weak ROI for investors who want a lot more than a few percent growth. ...
USD/JPY moved higher as Treasury yields rebounded after yesterday’s pullback. USD/JPY 240823 Daily Chart The general trend stays bullish. The support at 144.65 – 145.00 has recently confirmed its strength, so USD/JPY may be ready to gain additional upside momentum in the ...
Our forecast for aggregate bonds has improved but equities remain more attractive. Our models now expect a small decline in rates. Despite negative real GDP growth in the first quarter, higher nominal GDP relative to long-term treasury yields still points to higher rates. But w...