Rates Are Jumping on Wall Street. What Will It Do to Housing and the Economy?A run-up in longer-term interest rates could help the Federal Reserve get the economic cool-down it wants — but it also risks a bumpy landing.
Source: Rates Are Jumping on Wall Street. What Will It Do to Housing and the Economy? (https://www.nytimes.com/2023/10/06/business/economy/higher-longer-term-interest-rates.html)