Treasury bond yields scream higher - where are interest rates going?

By
Real Estate Agent with Allison Ables Real Estate

Bond yields screamed higher this week with Big Ben signaling an end to the Fed's purchase of mortgage backed securities and unwinding of the 3 trillion dollar balance sheet. The 10-year was up a whopping 40 basis points over 48 hours, enough to bankrupt an unwary trader.

10-year treasury bond

So where do mortgage and interest rates go from here? Do we see a quick 100-150 basis point move north if we break through last summer's top?

My opinion - Highly likely.

What are your thoughts?

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Rainer
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David North
Coldwell Banker Bain - Duvall, WA
for a rewarding real estate experience

I agree, we are going to see higher and more volatile rates, with the bottom of the volatility range being higher than where the top is now.

Mar 26, 2010 07:06 PM #1
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Rainer
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Allison Ables

Gainesville Realtor
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