Mitch Strohm

Mitch Strohm is the Managing Editor of PrimeRates.com and a writer, editor and digital marketer based out of Nashville, TN. Working in the industry for well over a decade, he has been the manager editor for several financial sites and has been featured in publications including Business Insider, Bankrate, The Motley Fool and Yahoo Finance.

Joined: October 19, 2017
Articles: 27

Budget, Personal Loans

Treasury 20-Year Bond Auction Clears 4.927% as Indirect Demand Hits 71%

The United States Treasury Department building in Washington D.C. at golden hour with a translucent overlay of rising bond yield data in the sky

Treasury sold $13 billion of 20-year bonds at a 4.927% high yield on June 16, drawing a 2.75 bid-to-cover and 71.2% indirect demand, the strongest 20-year sale since January.

Mitch Strohm
June 17, 2026

Budget, Personal Loans

Fed Set to Hold Rates at June 17 Meeting as CPI Climbs to 4.2%

The Federal Reserve's Marriner S. Eccles building in Washington under golden late-afternoon light with neoclassical columns and an American flag, ahead of a monetary policy announcement

The FOMC is expected to hold rates at 3.50% to 3.75% and the prime rate at 6.75% on June 17, with the new dot plot and a hot May inflation print the real story.

Mitch Strohm
June 14, 2026

Budget, Personal Loans

May CPI Hits 4.2%, Highest Since 2023, as Core Inflation Edges Up to 2.9%

Cars line up at a gas station at dusk beneath an illuminated price sign showing regular gasoline above five dollars per gallon, reflecting the energy-driven jump in May 2026 consumer prices

May CPI rose 0.5% for the month and 4.2% over the year, the first 4% reading since 2023. Core held at 2.9% as the Fed heads into its June 16-17 meeting.

Mitch Strohm
June 11, 2026

Budget, Personal Loans

Average Interest Rate on the National Debt Climbs to 3.35% in May

Wide exterior photograph of the United States Treasury Department building in Washington DC, neoclassical stone columns and facade lit by cool late afternoon light with an American flag at the side, photographed in a documentary financial-news style under a muted slate-blue sky

The average rate on U.S. interest-bearing debt rose to 3.353% in May, the highest since October 2025, as low-coupon debt refinances into higher market yields.

Mitch Strohm
June 8, 2026

Budget, Personal Loans

National Debt Tops $39 Trillion as Net Interest Nears $1 Trillion

Wide exterior view of the United States Treasury Department building with its neoclassical limestone columns and a large American flag, photographed in dramatic golden late afternoon light with long shadows across the facade

U.S. public debt crossed $39 trillion in May 2026. With new Treasury issues yielding above 4.4% and the average rate at 3.34%, CBO projects net interest above $1 trillion this year.

Mitch Strohm
May 30, 2026

Budget, Personal Loans

DOJ Drops Fed Renovation Probe, Clearing Path for Warsh Confirmation Before May 15

United States Capitol Building exterior in Washington DC photographed from a low three quarter angle on the central staircase approach in cool overcast late afternoon light with the iconic white marble dome dominating the upper portion of the frame the central pedimented portico and Corinthian columns visible at center and the broad central staircase descending in the foreground under a cool slightly hazy sky

The Department of Justice closed its investigation into the Federal Reserve’s Eccles Building renovations last week, removing the procedural obstacle that Sen. Thom Tillis (R-NC) had cited as the basis for blocking Kevin Warsh’s confirmation as Federal Reserve Chair from…

Mitch Strohm
April 27, 2026

Budget, Personal Loans

What a Fed Hold Means for Your Mortgage, Credit Cards, and Savings

Ordinary domestic kitchen scene viewed from a slight three quarter angle showing a polished warm walnut wooden counter with a single closed plain manila paper folder lying flat in the foreground a small white ceramic coffee cup with rising steam on a white saucer in the upper right and a small unlit brass candle holder with a cream pillar candle in the upper left lit by soft warm window light streaming in from the left

Markets price a 99.4% probability that the Federal Reserve will hold rates at 3.50%–3.75% on April 29, 2026 — meaning for most household financial decisions, your numbers don’t change on Wednesday afternoon. Specifically: the prime rate stays at 6.75%, your…

Mitch Strohm
April 24, 2026

Budget, Personal Loans

What to Watch at the April 2026 FOMC Meeting: 5 Things That Will Move Markets

Single polished brass auctioneer hand bell with dark turned walnut handle sitting upright alone on a polished walnut wooden surface with dramatic warm directional light from the upper right casting a long deep shadow to the left against a deep walnut paneled background

Update — April 22, 2026: Kevin Warsh’s confirmation hearing took place April 21, 2026 (the day this article was first published). His Senate confirmation is now uncertain — Sen. Thom Tillis (R-NC) has vowed to block the nomination from leaving…

Mitch Strohm
April 21, 2026

Budget, Personal Loans

CD vs HYSA: When to Lock and When to Stay Liquid in a Falling-Rate Environment

Empty interior of an American community bank branch at golden hour with polished walnut teller counters brass and frosted glass partitions tall arched windows letting in warm late afternoon light and wooden customer chairs against the wall

A high-yield savings account (HYSA) and a certificate of deposit (CD) both pay materially more than a traditional bank savings account, but they protect against different risks. An HYSA pays a variable rate that can change at any time —…

Mitch Strohm
April 19, 2026

Personal Loans

Best Unsecured Personal Loans: Compare Rates Online

Compare the best unsecured personal loans of 2026 from SoFi, LightStream, Upgrade, LendingClub, Best Egg, Upstart, Discover, and Prosper. APRs starting at 6.20%, with the national average at 12.27% (Bankrate, April 2026).

Mitch Strohm
April 19, 2026