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%
wolfstreet.com/2025/02/22/treasury-yield-curve-flattens-as-10-year-yield-falls-while-short-term-yields-stay-put-feds-pivot-to-wait-and-see-in-inflationary-times-but-mortgage-rates-stay-near-7
Long-term yields matter more to the economy than the Fed’s short-term policy rates.
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…
This story appeared on wolfstreet.com, 2025-02-22 06:22:49.