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Longer-Term Treasury Yields & Mortgage Rates Jump after Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy
https://wolfstreet.com/2025/09/21/longer-term-treasury-yields-mortgage-rates-jump-after-rate-cut-yield-curve-steepens-bond-market-gets-edgy/
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Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates.
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