Hot inflation data sends mortgage rates to new 2024 highs
Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won't cut rates in June.
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Bond market investors who fund most mortgage loans are increasingly convinced the latest inflation numbers mean the Federal Reserve won't cut rates in June.
The USD/JPY has managed to decisively punch above its 151.95 major resistance yesterday, 10 April ex-post US CPI data release to print a daily close of 153.15, its highest level since June 1990.
If you've been waiting to buy longer-dated bonds or dividend payers, now is the time.
The Pound firmed against the US Dollar midweek as USD traders anticipated mixed inflation data.
Bitcoin (BTC) price has remained rangebound since setting an all-time high of $73,949 on March 14.