The Fed Lag and Mortgage Rate Dilemma
Bloomberg Opinion
Ten-Year Yields Are Reluctant to Cost That 4% Level Again
10-year yields seem to be reluctant to cost that 4% level again. Next month's jobs data, while this one's job data, the report of the beginning of next month could provide fresh either data or central bank stance shocks. There is a pretty strong anticipation that if 10-year yields goes higher, 4.3% is still seen for the moment as probably the peak of this cycle.
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