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Home > Latest

Lates News

date
22/08/2025
The yield on the 10-year US Treasury bond rose by about 4.7 basis points, hitting a daily high of nearly 4.34%; the yield on the 2-year US Treasury bond rose by over 4.6 basis points, hitting a daily high above 3.8%.
Latest
3 m ago
Citigroup Group raised Futu Holdings' target price from $176.00 per share to $190.00 per share.
4 m ago
The New York Appeals Court ruled that Trump violated the law, but overturned the $464 million fraud fine.
6 m ago
Chilean President is expected to appoint Grau as Minister of Finance.
6 m ago
Macro Model: The Jackson Hole annual meeting will sound the trumpet for the rise in US bond yields.
8 m ago
After four consecutive weeks of decline, mortgage rates in the United States have held steady. According to a statement by Freddie Mac, the average rate for a 30-year fixed mortgage is 6.58%, unchanged from last week when it dropped to the lowest level since October of last year. In the past few months, rates have dropped low enough to possibly attract some hesitant homebuyers to give up waiting. In areas with a backlog of listings, sellers are willing to negotiate and provide assistance in terms of closing costs and other concessions. However, affordability remains a serious barrier, especially for first-time homebuyers. Other data shows that existing home sales in July increased as the pace of price growth slowed. But this does not mean the market has become more affordable: some institutions report that house prices have risen by over 50% since early 2020. Danielle Hale, Chief Economist at Realtor.com, stated, "Higher rates have weakened the purchasing power of the typical American household. This dynamic is forcing many buyers to adjust their expectations, either by looking for smaller homes farther away or simply delaying their dream of buying a house."
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