Stranger Things! US Treasury Yield Curve Rises 18 BPS Over 1 Month At 10Y Tenor As Residential Mortgage Rates Rises To 3.13%

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by confoundedinterest17

Stranger things! The US Treasury yield curve has risen over 18 basis points over the past month at the 10-year tenor. And 31 basis points at the 30 year tenor.

On the residential mortgage side, the Bankrate 30Y mortgage survey rate rose to 3.13%.

i would have thought that after Powell’s hysteria over the Covid virus that The Fed would have been pushing the yield curve DOWN. Maybe this explains it: The Federal Reserve Board of Governors.




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