10-year Treasury auction brings afternoon relief to bond market
A robust auction of 10-year U.S. Treasury notes (US10Y) on Wednesday offered a welcome dose of afternoon relief to the bond market, helping to pare back an earlier surge in…
Bond Market Cools; Federal Reserve board member says he may opt to hold rates steady
“If there is continued progress toward our 2 percent goal, then I am willing to support holding the policy rate at its current level,” Federal Reserve board of governors member…
Falling Home Prices Aren’t Yet Fixing The Affordability Problem
By Czarinna Andres Managing Editor, National Mortgage Professional Price declines are spreading, yet mortgage rates and uneven local conditions continue to limit what buyers can afford Falling home prices are giving…