Daily changes in the US 10 Year Treasury rates are the blue bars while the red line is the 14-day cumulative change in rates: 41bp cumulative INCREASE. For the blue bars, it is unusual to have changes of greater than 0.10 in a single day and 0.20 is VERY unusual.
Rates for ALL terms were up this week. The Yield Curve for short terms remains steep while the longer term (5+ years) remains INVERTED. Note both 5 and 10 years were up 25bp for the week. On 9.22.22 the 10-year was up 19bp alone. The Freddie Mac rates had already been reported, thus this 19bp change is NOT reflected in the 9.22.22 mortgage rates.
