U.S. Treasury yields ease as investors await fresh jobs data, Fed comments
Yields drifted lower while mortgage rates stayed above 7% and CD rates held near 4.4%.
TL;DR
- CNBC reported US Treasury yields easing as investors awaited fresh jobs data and Fed comments.
- MarketWatch described a machine-learning model with 65% accuracy that says what is coming next for the 10-year Treasury.
- Yahoo Finance reported mortgage and refinance rates moving lower but the 30-year still over 7%, while the best CD rates were quoted up to 4.40% APY.
CNBC reported that US Treasury yields eased as investors awaited fresh jobs data and Fed comments. [1]
MarketWatch described a machine-learning model, quoted at 65% accuracy, that says what is coming next for the 10-year Treasury yield. [2]
Yahoo Finance reported mortgage and refinance rates moving lower but the 30-year still over 7%, and quoted the best CD rates at up to 4.40% APY. [3] [4]
Why it matters
The 10-year yield anchors mortgages, savings and equity valuations, so the gap between falling yields and still-high borrowing costs is the number households actually feel.
Editor's note
Rates are reported as published and change daily; the model's 65% accuracy is its own claim. Nothing here is investment or personal-finance advice.