Producer prices just jumped 1.3% in September, more than DOUBLE what economists expected! Annual producer inflation is now 6.3%.
So why are 10-year Treasury yields FALLING?
Investors are buying Treasury bonds for safety as concerns grow about the stock market, AI investments and future economic growth.
Meanwhile, the Federal Reserve faces renewed pressure to raise interest rates.
Here's why the bond market's reaction matters for mortgage rates, homeowners and homebuyers.
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Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
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