Lawler: Interest Rates Since the Federal Reserve Began Cutting Rates

 From housing economist Tom Lawler:

Since September 17th the Federal Reserve has lowered its federal funds rate range by 100 basis points. Below is a table showing Treasury and MBS rates since September 17th.

Click on graph for larger image.



10-Year T1PS Yield

The chart below shows the monthly average 10-Year TIPS yield from December 2003 to December 2007 and then from January 2023 to December 2024 (December 2024 is the average to date). It excludes the financial crisis and the subsequent decade as well as the 2020-2022 Covid period.

From 2003 to 2007 the 10-year TIPS yield averaged 2.06%, about the same as the average so far in December 2024.

https://www.calculatedriskblog.com/2024/12/lawler-interest-rates-since-federal.html