The 30-year Treasury yield breaks above 5.60%, the highest since June 2002.
This month, it has risen by about 36 basis points, continuing to climb for six straight trading days.
The 30-year fixed-rate mortgage is currently around 6.95%, at its highest level since January 2025, and is edging toward 7%.
There is still some distance to 8%, but there are no signs that the upward trend has stopped.
This month, it has risen by about 36 basis points, continuing to climb for six straight trading days.
The 30-year fixed-rate mortgage is currently around 6.95%, at its highest level since January 2025, and is edging toward 7%.
There is still some distance to 8%, but there are no signs that the upward trend has stopped.
