๐ Treasury Yield Updates
5-Yr UST Yield: 3.648% -> 3.725%
10-Yr UST Yield: 4.069% -> 4.152%
Why is this important?
- Typically for every 20 basis point swing, rates will move 1/8th in the corresponding direction. In the last week rates have held steady with no real movement in any direction.
๐ Industry Headline
๐ What You Should Know (Opinion)
Owner-occupant buyers tend to pause when rates rise. Professional investors, however, often lean in because:
- Competition decreases
- Negotiation power increases
- Better entry prices appear
Different buyers react differently to the same market.