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Items tagged with: financialmarkets
When the #US & #Israel attacked #Iran, setting off an #energy crisis & raising new #inflation concerns in #FinancialMarkets. The result has been a jump in the yield on government bonds, & falling expectations for #InterestRate cuts later this year. The yield on the 10-year #Treasury note, which acts as a broad reference interest rate that underpins the US #mortgage market, climbed to 4.25% Thursday, up from below 4% before the war began.
#MortgageRates Rise as #Iran #War Ripples Through #FinancialMarkets
#Mortgage are climbing again as new #inflation concerns have roiled financial #markets.
The average 30-year fixed-rate mortgage rate in the #US rose to 6.11%, the mortgage-financing giant Freddie Mac said Thursday, the second week in a row that rates have risen.
#economy #affordability #CostOfLiving #Trump #trumpcession #recession
nytimes.com/2026/03/12/busines…
“All the key measures are moving in the wrong direction.”
Economic growth was much slower at the end of 2025 than data first showed & inflationary pressures persisted at the start of this year, a troubling snapshot of an #economy on unsteady footing before #war with #Iran upended #oil & #FinancialMarkets.
#economy #Trump #inflation #affordability #CostOfLiving #recession
nytimes.com/2026/03/13/busines…