Markets and the Economy – July 24th 2024
Summary Rates Review The US 10-year Treasury yield has dropped by half a percent since April, which has driven most of the fall in mortgage rates. US 10-year Treasury 4.28 30-year Fixed Rate Mortgage 6.77 10y-mtg spread 2.49 Fed Repo, Fed Funds 5.30 ; 5.33 3-month Treasury Bill 5.314 Money Market Savings 0.66 Source: Wall […]
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