Treasury steps in to cool soaring long-term borrowing costs as 30-year bond rates hit a 20-year high, impacting mortgages and everyday loans. Rising oil prices and massive tech AI spending fuel market uncertainty. The Treasury doubles its debt-buyback program to $4 billion, aiming to stabilize longer-term bonds—but experts question if it’s enough amid ballooning U.S. debt. Meanwhile, the Fed holds rates steady for the fifth time, watching inflation closely with hints of possible future hikes.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
