What higher yields mean for your money (opens the source in a new tab)
- Fed hiked this month, its first since 2023; more signalled.
- Record $6.53 diesel; some savings accounts now pay 4%+.
- 7%+
- 30-yr mortgage
- 3.4%
- August CPI
- 70%
- Oct hike odds
Why it matters Loans price off Treasuries; households feel it fast.
Source:CBS News (free to read) ↗