The Fed finally cut its interest rate by an oversized 50 basis points (bps) in its Sept 17-18 meeting that Federal Reserve ...

U.S. Treasury yields were slightly higher on Wednesday as investors weighed economic data and considered the state of the economy.

After months of speculation, the Federal Reserve cut interest rates last week. Federal Reserve Chair Jerome Powell also announced there are plans for more cuts later this year, and into next year.

Last November the 30-year mortgage rate approached 8%, now after the Federal Reserve cut interest rates on September 18, it’s ...