Weekly Headlines
-
10-Year Treasury Yield Breaks 5%
The 10-year Treasury yield hit above 5%, a level not seen since 2023. CNBC says what's driving the move may matter even more than the number itself, with inflation, heavy government borrowing, and Treasury supply all contributing to pressure on longer-term rates.
-
-
5 Growing Risks Facing the U.S. Economy
From rising oil prices and stubborn inflation to higher interest rates, record federal debt, and concerns over lofty AI valuations, economists say the list of risks facing the U.S. economy is getting longer. CBS News breaks down the 5 major pressure points investors are watching now.
-
Higher Treasury Yields Push Mortgage Rates Above 7%
Mortgage rates have climbed above 7% as rising Treasury yields and persistent inflation keep borrowing costs elevated. Investopedia reports that higher rates are already weighing on home sales and making monthly payments significantly more expensive for would-be buyers.
-
What Another Fed Rate Hike Could Mean for Gold and Silver
With the Federal Reserve meeting this week, analysts are watching what another rate hike could mean for gold and silver. Higher rates could create short-term pressure on metals, while also highlighting the importance of keeping short-term price moves in perspective against the longer-term factors that remain.
-
-
Central Banks Keep Adding Gold
Central banks continued buying gold in July, adding a net 23 tonnes. China led the way with 20 tonnes, extending its gold-buying streak to 21 consecutive months, while Poland added another 8 tonnes.
-
Oil Nears $100 Ahead of Key Inflation Data
Oil prices are climbing again as Middle East tensions intensify, nearing $100 a barrel. Now markets are turning their attention to two major inflation reports due later this week that could help shape the Fed's next move.
-
The Cost of America's $40 Trillion Debt Is Rising
America's debt problem isn't just about the amount owed. The federal government is now spending $1.25 trillion a year on net interest, consuming nearly one-fifth of federal revenue.