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My wife and I are in our 70s. Should we pay off our 2.5% mortgage or invest in a stock market driven by AI?
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In Short: According to the latest POLITICO Poll, one in four Trump voters believe GOP candidates should break with the president to win in November, while rising bond yields are causing financial market anxieties.
One in four Trump voters believe GOP candidates should break with the president to win in November, according to the latest POLITICO Poll conducted by independent firm PF Global.
On Tuesday, the yield on the 10-year Treasury reached 4.80%, the highest since early 2025, influencing mortgage rates.
Treasury Secretary Scott Bessent announced an unusual intervention in the bond market last month to restrain rising yields, reflecting policymakers' growing concern.
Investors in the bond market often buy and sell these bonds after they are issued, continuing to pay the same interest rate.
"You should care because this stuff under the surface is really bubbling," Brooks said, emphasizing the underlying issues.
"Mortgage pricing should be higher today. We were actually going to be lower until reports of the Houthis attacking Saudi Arabia caused oil prices to shoot up. And, the 10-year yield shot up to yearly highs this morning," said a mortgage expert.
"The other is getting past the war with Iran; after that, he has reportedly said rates should drop," another expert noted.
What's confirmed
- One in four Trump voters believe GOP candidates should break with the president to win in November, according to the latest POLITICO Poll conducted by independent firm PF Global.
- On Tuesday, the yield on the 10-year Treasury reached 4.80%, the highest since early 2025, influencing mortgage rates.
- Treasury Secretary Scott Bessent announced an unusual intervention in the bond market last month to restrain rising yields, reflecting policymakers' growing concern.
- Investors in the bond market often buy and sell these bonds after they are issued, continuing to pay the same interest rate.
- "You should care because this stuff under the surface is really bubbling," Brooks said, emphasizing the underlying issues.
- "Mortgage pricing should be higher today. We were actually going to be lower until reports of the Houthis attacking Saudi Arabia caused oil prices to shoot up. And, the 10-year yield shot up to yearly highs this morning," said a mortgage expert.
- "The other is getting past the war with Iran; after that, he has reportedly said rates should drop," another expert noted.
What's still developing
- The bond market can dictate how much ordinary people have to pay on their mortgages and car loans, as well as how much they earn from their savings accounts and 401(k) plans.
- “Voters should see 2026 and 2028 as the elections that will guide the next big change in our healthcare system,” said Natalie Davis, CEO and co-founder of the advocacy group United States of Care, in a statement to Vox.
- Why everyone who cares about healthcare reform should vote in the midterms.
- We believe everyone should be able to make financial decisions with confidence.