Observable data points shared across all narratives
Declining mortgage rates often follow lower long-term Treasury yields, which can put downward pressure on bond prices.
This is not investment advice. Market exposure is based on conditional event analysis.
US existing-home sales increased in February, supported by a decline in mortgage rates that improved affordability for buyers. This rise may ease some pressure on the housing market, which has faced sluggish supply growth. The balance between demand and supply remains uncertain as inventory levels have not significantly improved.