
Cost of U.S. Borrowing Ended September at 5.3%
U.S. government borrowing costs closed September at 5.3% on Sept. 30, the quarter's last day, The New York Times reported, up from below 5% earlier in the month. Like a benchmark price, that rate helps set home loans. It reflects investor-to-investor trading. The next test is whether October sales of government debt stay near 5.3% after end-of-quarter trading fades.
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