2-year Treasury surged above 4% following the FOMC meeting
The 2-year may now be heading to around 4.5%
This should result in great stock market volatility
The Treasury rate moved above 4% following the FOMC...
Soaring mortgage rates, plunging mortgage applications, housing starts and permits slumping, homebuilder sentiment hammered, and now labor market stress... it is no surprise that analysts expected another monthly drop in existing home sales...
