He reasoned the move higher was more likely driven by better-than-expected economic growth. Powell later added that for higher bond yields to impact Fed policy they would need to see "material changes ...
9, 2023. But we're talking about a hike from the 6.08% recent low that was hit in the Sept. 26 survey. Mortgage rates — which don't move in lockstep with changes in the federal funds rate — have gone ...