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.
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