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The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed

Fortune Jun 5, 2026 2h ago ⏱ 1 min read 👁 3 views
The deficit climbing by $3.4 trillion is keeping your mortgage rate at 6.48% — not the Fed
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📋 Article Summary
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Trump's tax-and-immigration megabill is forcing Treasury to flood bond markets with new debt, pushing 10-year yields higher. Not good for your mortgage. This story was reported by Fortune. For more Finance news in Kenya, stay tuned to Masaa.
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