Bessent repeated his view that expanding energy supply will help lower inflation. For working-class Americans, “the energy ...
Treasury Secretary Scott Bessent said the Trump administration’s focus with regard to bringing down borrowing costs is 10-year Treasury yields, rather than the Federal Reserve’s benchmark short-term ...
Scott Bessent, president Donald Trump’s handpicked Treasury Secretary, put an end to the speculation during a Wednesday ...
HELOCs and home equity loans became (slightly) less affordable in the most recent week. The $30,000 home equity line of ...
The gap of long-term yields above rates on Treasuries with shorter maturities narrowed after the refunding announcement.
The Fed's rate changes in 2024 have set the stage for renewed market activity, says Cliff Booth of Dallas-based Westmount ...
Mortgage rates fluctuate daily, so a little volatility can always be expected. On Monday, the average rate on a 30-year fixed ...
This higher debt would also further explode interest payments. Already, interest costs have exceeded spending on Medicare and ...
This article looks into the latest developments in U.S. monetary policy, the broader implications and the uncertain path ahead.
Higher mortgage rates may be making it harder for homebuyers, but they may have actually helped restore balance to the housing market, which has been out of whack for many years.
Proposed tariffs are expected to raise inflation and keep interest rates elevated into 2026, if they take effect, according ...
U.S. banks say demand for business loans strengthened in the fourth quarter, with the net share of banks reporting an ...