Friday, July 10, 2020 / by Erik Bjorklund
Big Risks Ahead For Rates and Some Solid Opporunities Right Now
Treasury yields broke one important ceiling yesterday (.74%) and another today at .79% before finding support at .823%. This leaves them at the highest levels since late March and in danger of moving higher. Mortgage rates have been outperforming, but they're not immune from the risks.