US 30-year Mortgage Rate Rises To 4.30% As 10-year Treasury Yield Plunges -8.2 BPS (Eurozone Yields Dropping Like A Rock) – Confounded Interest

Hj Azhar RamliMarch 2, 2022

0 14 1 minute read

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China, CMBS, CRE, Credit, Economy, Existing Home Sales, Fed, Germany, Housing, Inflation, Mortgage, New Home Sales, Powell, REITs, russia, Treasuries, Treasury, Uncategorized, Venezuela

March 1, 2022

1 Minute

As someone who needs to move to Ohio, I would really appreciate it if mortgage rates would more closely follow the 10-year Treasury yield. But alas, Bankrate’s 30-year mortgage rate just rose to 4.30% as the US Treasury 10-year yield dropped -8.2 basis points.

Europe. Middle East and Africa (EMEA) sovereign yields are all down over 10 basis points averaging around -15 bps.

Ukraine’s 10-year yield has plummeted by -48.3 bps this morning.

The anticipated meeting between Russia and Ukraine on Belarus soil was a failure. Likely due to Belarus showing-off their modern air force capabilities.