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Mortgage rates drop fast after a shock jobs report sets off a series of dominoes

23 点作者 MilnerRoute超过 1 年前

3 条评论

quantified超过 1 年前
&gt; In our upside-down economy, where good news for ordinary people means bad news for financial markets, worries about an overheated labor market pushed 10-year Treasury yields to their highest level in 16 years in October.<p>Financiers make money off the delta between what&#x27;s paid to workers and what accrues to owners. Economic health should not be conflated with investor happiness. Sometimes they align but it&#x27;s unfortunately us-vs-them between capital and labor.
wrycoder超过 1 年前
From 8.03% all the way down to 7.3%. Wowza.
评论 #38146383 未加载
rubiquity超过 1 年前
It’s important to note that the move down in rates happened when the Treasury announced they will be issuing primarily short term notes rather than long dated bonds.