Longer-Term Treasury Yields & Mortgage Rates Jump after Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy | Metals Mine

  • Longer-Term Treasury Yields & Mortgage Rates Jump after Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy

    From wolfstreet.com

    The 10-year Treasury yield closed at 4.14% on Friday, after having dropped briefly below 4.0% on September 11 (closing at 4.01%). On Wednesday last week, during an algo-driven moment, it also dropped to 4.0%, from 4.05%, then jumped right back to 4.05%, and ended the day at 4.06%, after the Fed had released its statement of a 25-basis-point cut. It then continued to rise to end the week at 4.14%. The Effective Federal Funds Rate (EFFR), which the Fed targets with its five monetary policy rates, dropped by 25 basis points to 4.08% after the cut, from 4.33% before the cut (blue in the chart). The EFFR is now once again ... (full story)

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The Fool
Sep 21, 2025 9:00pm
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the bond market is a funny thing
Inserted Video
Schultz
Sep 22, 2025 7:24am
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Quoting Trader#C087
It's not a good sign when the long-term bond rate responds to a Fed rate cut by rising.
If what you mean when you say it isn't a good sign is that it isn't something that occurred to Trump every time he has called for the Fed to lower rates, you are right.

It did occur to many others, though.
Reply
Schultz
Sep 22, 2025 8:26am
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Quoting The Fool
the bond market is a funny thing https://www.youtube.com/watch?v=Pfcy15ZUE2c
James Carville said -

I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or as a 400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.

Bit like Joe Pesci's character.
Reply
Czyker26
Sep 21, 2025 11:11pm
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Hey THE FOOL.........

Now that clip was very funny !!!! Why are you blocking me????? You think that's funny ???
Reply
payola
Sep 22, 2025 8:36am
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hi
Reply
Trader#C087
Sep 22, 2025 6:56am
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It's not a good sign when the long-term bond rate responds to a Fed rate cut by rising.
Reply

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