Fed’s rate cut meets resistance as long-end Treasury yields reverse lower trend

Long-end Treasury yields went up this week, even though the Fed cut interest rates. That move surprised the bond market. The 10-year Treasury yield, which had dipped below 4%, jumped to 4. 145%. The 30-year yield, the one that matters for mortgages, rose to 4. 76%, after hitting a weekly low of 4. 604%. The Fed lowered its […] source: https://www.cryptopolitan.com/feds-rate-cut-resistance-treasury-yields/