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NOTHING IS PERMANENT EXCEPT CHANGE

  • The 10-year U.S. Treasury note is a benchmark government bond that helps set prices for debt instruments all over the world, including U.S. mortgages
  • When the yield moves higher consumers are likely to have less money available to spend as mortgage repayments rise.

OTHER NEWS

The Trump administration asked a United Nations panel this week to ban oil-product sales to North Korea for the rest of the year, calling out China and Russia for exports Washington alleges have often been in violation of the international body’s sanctions against Pyongyang, according to people familiar with the matter.

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