Day: February 22, 2025

Treasury Yield Curve Flattens as 10-Year Yield Falls, Short-Term Yields Stay Put: Fed’s Pivot to Wait-and-See in Inflationary Times. But Mortgage Rates Stay Near 7%

Energy News Beat Long-term yields matter more to the economy than the Fed’s short-term policy rates; hence the efforts to push them down. By Wolf Richter for WOLF STREET. The 10-year Treasury yield dropped by 8 basis points on Friday, to 4.43%, perhaps inspired by iffy feelings elsewhere as stocks careened lower and investors sought safety. Since January […]