The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher - CNBC
September 20, 2025 CNBC

The Fed cut its interest rate, but long-term rates — including those on mortgages — went higher - CNBC

Longer-term Treasury yields jumped this week, flying in the face of the Federal Reserve's interest rate cut, as bond investors didn't get the assurances they sought. The 10-year Treasury yield jumpe…