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Mortgage Rates Top 7%, Highest Level Since Late 2023 By Hardika Singh A relentless climb in government bond yields has sent mortgage rates back to 7%, hurting home affordability. Meanwhile,...
TODAY’S GAME PLAN: from the trading desk, this is not research DATA/HEADLINES 9:45ET S&P Global US Manufacturing, Services PMI, Canada June Retail Sales; 10:00ET New Home Sales; 1:00ET 20-year bond auction US new home sales probably rose 1% last month, rebounding from June's 2.5% decline. The August manufacturing PMI is expected to hold at 49,