ilmscore | Prediction Details
"well now because of the last inflation report which came in colder than expected you saw treasury yields fall and because treasury yields have fallen that allowed retail rates for interest rates mortgage rates and all that other stuff had some breathing room to fall as well that's why over the last month we have been seeing mortgage rates slowly fall downwards even though the Federal Reserve Bank didn't cut rates but because treasury yields were falling"
By Minority Mindset | November 24, 2023 | Pending
From video
Mortgage Demand Rises As Mortgage Rates Fall - Here's Why 00:05:14 - 00:05:40
Interpreted Prediction
Following a cooler-than-expected inflation report, treasury yields have declined. This decrease in yields has provided room for retail interest rates, including mortgage rates, to fall, leading to a gradual downward trend in mortgage rates over the past month, independent of Federal Reserve actions.

Prediction Details

Topic
Treasury Yields

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