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Fed's Williams: Mortgage Rates Linked to 10-Year Yield, Rising on Growth Hopes

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2026-07-15 13:15:21
New York Fed President John C. Williams stated that mortgage rates are closely correlated with the 10-year Treasury yield, which has risen due to expectations of strong U.S. economic growth. According to Jin10, Williams highlighted the close linkage between mortgage rates and the benchmark yield, attributing the yield's increase to growth expectations.
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