How Fed Rate Decisions Reach Your 30-Year Mortgage Rate at 6.49%
The Fed has held rates since December, yet the 30-year mortgage sits at 6.49%. Here is how a Fed decision travels through the 10-year Treasury and the spread to your loan.
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.
Treasury 3-Year Note Auction Stops at 4.179% Ahead of June Fed Minutes
Treasury sold $58 billion of three-year notes at a 4.179% high yield on July 7, 2026, with indirect demand firming and prime steady at 6.75% ahead of the June FOMC minutes.
How Treasury Auctions Work: Inside the $2.5 Trillion the U.S. Sold in June
The U.S. Treasury sold $2.46 trillion across 37 auctions in June 2026. Here is how Treasury auctions actually work, who buys, and how results reach your rates.
Private Payrolls Cool to 98,000 in June, Stiffening the Fed’s July Rate Test
ADP said private employers added just 98,000 jobs in June, below the 110,000 consensus and down from 122,000 in May, sharpening the Fed's July 28 to 29 rate decision.
Fed Balance Sheet Settles Near $6.7 Trillion After Quantitative Tightening
The Federal Reserve's balance sheet held near $6.74 trillion on June 24, 2026, after quantitative tightening ended in December. Here is what it means for your rates.
Treasury 7-Year Note Auction Stops at 4.260% as Indirect Demand Cools
Treasury sold $44 billion of seven-year notes June 25 at a 4.260% high yield and 2.50 bid-to-cover, with indirect demand cooling to 57.6% as domestic direct bidders stepped in.
Two-Year Treasury Yield Hits Highest Since February 2025 Before May PCE
The two-year Treasury yield rose to its highest since February 2025 on June 22 as markets repriced toward a 2026 Fed rate hike ahead of Thursday's May PCE report.
Treasury 20-Year Bond Auction Clears 4.927% as Indirect Demand Hits 71%
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.
Fed Set to Hold Rates at June 17 Meeting as CPI Climbs to 4.2%
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.
May CPI Hits 4.2%, Highest Since 2023, as Core Inflation Edges Up to 2.9%
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.