Page 19 - Treasury Yield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investors are feeling strangely cheery, even as consumers and companies are gloomy. Yet an economic crunch could soon bring any rally to an end.

July 11, 2022- The Federal Reserve Bank of New York's Center for Microeconomic Data released the June 2022 Survey of Consumer Expectations, which shows an increase in shor...

"It is, unfortunately, uncomfortably possible that the Fed is going to slam on the brakes and push us into recession," El-Erian said.

Based on inflation expectations, mortgage rates jumped 55 basis points this week to 5.78%, the largest one-week increase since 1987, according to Freddie Mac.  “These higher rates are the result of a shift in expectations about inflation and the course of monetary policy," said Sam Khater, Freddie Mac's chief economist. "Higher mortgage rates will lead to moderation from the blistering pace of housing activity that we have experienced coming out of the pandemic, ultimately resulting in a more balanced housing market."

It was a positive NFP report but the item on everyone's mind is the FOMC rate decision, with the Fed moving into a 'blackout period' after this weekend.