us treasury foreign currency

Foreign governments own fewer Treasurys these days. That's pushing interest rates up — Photo by RDNE Stock project on Pexels

7% Jump in Interest Rates Is Bleeding Your Budget

Mortgage rates have jumped 7% because foreign governments are holding fewer U.S. Treasurys, which lifts benchmark yields and drives up the cost of borrowing for home loans. In my experience, that rise translates into higher monthly payments that can quickly erode a family’s disposable income. Foreign governments cut