US yield surge triggers mortgage hedging, adds to bond market pressure
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The Edge Malaysia
Malesia
1h
US yield surge triggers mortgage hedging, adds to bond market pressure
The rise in yields has pushed 30-year mortgage rates to a nearly three-year high of 7.4%, keeping many homeowners locked into existing loans rather than refinancing as they often do when rates decline. (NEW YORK, Oct 13): The sharp rise in long-term US Treasury yields has spurred mortgage-rela»»»
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