Mortgage rates in the US are going higher. They are up to 5.20% from 4.70%. Will this hurt the refinancings? Or even more: the entire home industry?
Difficult to say.
Only thing: all rates are climbing.
Why didn’t Bernanke address this last week during the FOMC meeting?
Or is het confident that rates will come down again?
The 10-year US benchmark yield rose Friday to its highest point of 2009.
Difficult to say.
Only thing: all rates are climbing.
Why didn’t Bernanke address this last week during the FOMC meeting?
Or is het confident that rates will come down again?
The 10-year US benchmark yield rose Friday to its highest point of 2009.
Is this a sign that inflation is already coming?
Is this the V-shaped recovery?
Or just sector rotation
Elsewhere we see the DBA has taken off since the last FED meeting. This ETF is wheat, soybeans, corn and sugar.
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