10-year yield set for biggest drop in three weeks as oil eases

10-year yield set for biggest drop in three weeks as oil eases

U.S. borrowing costs fell Sept. 17 as oil eased, LiveMint reported, Reuters confirming the joint move. The 10-year yield, the rate guiding mortgages, was set for its biggest daily drop in over three weeks. I see brief relief for borrowers, not a turn. Rates remain tied to crude.

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