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The Fed cut, but the T-note yield went up. Oops!
Podcast |
Marketplace
Publisher |
Marketplace
Media Type |
audio
Categories Via RSS |
Business
News
Publication Date |
Sep 24, 2024
Episode Duration |
00:27:59

Last week’s interest rate cut was supposed lower borrowing costs across the economy. But there’s been a surprising coda: The interest rate on the 10-year T-note went up. So, while the Federal Reserve intended to provide an economic reprieve, some loans may have become just a little more expensive. Also in this episode: New York and Las Vegas lead in home price growth, cement needs to go green and soft skills strengthen job skills.

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