Why rising Treasury yields aren’t entirely bad news for mortgage rates

Prior Q1 +0.3% Canada GDP Q2 annualized 3.3% vs 3.4% estimate Implicit price QoQ 2.5% vs 1.2% last quarter GDP MoM for June 0.3% vs 0.2% estimate. Prior month 0.3%. Preliminary July estimate 0.0% Solid growth.The USDCAD is trading in a narrow range with the price maintaining between a cluster of MAs with the price…

Taylor Farms, a Taco Bell lettuce supplier, has been linked to a five-state cyclosporiasis outbreak. Taylor Farms, founded by Bruce Taylor and several partners in 1995, is a California-based fresh produce company that has grown into a multi-billion-dollar enterprise with more than 24,000 employees and 22 production locations across North America. The privately held company…

Since Bill Pulte became acting director of national intelligence on June 19, he has been dividing his time among that role, his position as director of the Federal Housing Finance Agency (FHFA) and his chairmanship of both the Fannie Mae and Freddie Mac boards. Democratic Senator Elizabeth Warren of Massachusetts, the ranking member of the…

CME Group, the Chicago-based derivatives marketplace, reported its second-highest August average daily volume (ADV) on record, with 29.7 million contracts traded during the month, up 6% from August 2025. The gains were broad-based across asset classes, though interest rate products and metals stood out. Interest Rate ADV reached 16.7 million contracts, a 3% year-on-year increase,…