S&P 5007,411.98▲0.1% Nasdaq24,975.82▼0.6% Dow51,947.25▲0.5% Russell 2K2,930.00▼0.3% 10-Yr4.68%−2bp VIX18.58−0.12 WTI$90.47▼1.9% Gold$4,055.70▲0.2% EUR/USD1.137▼0.3% BTC$64,095▼1.5% Nikkei66,423▲0.5%
At close · Fri, Jul 24, 2026
Daily Market Updates.

Real Estate

HomeReal EstateMortgagesMortgage and Treasury yields swing around key technica…

Mortgage and Treasury yields swing around key technical levels

MBS were up 5 ticks, while the 10-year Treasury yield was at 4.676% after a recent break above an upper trendline and a bounce off a long-term trendline.

Mortgage News Daily says yield movement has stayed within the same high/low trendlines since October 2025, making those levels a useful “big picture” guide for where rates may be headed.

The outlet notes that after yields broke above an upper trendline and a long-term high, they later recovered under the long-term high and bounced on the long-term trendline, a pattern it says is not necessarily a cause for concern because the last similar occurrence was May 22, followed by rates moving lower over the next month.

When assessing why yields moved lower, Mortgage News Daily attributes the change not to technical factors but to oil prices, which it says were off their best levels.

In the most recent session, the outlet reported mortgage-backed securities (MBS) were up 5 ticks, or 0.1%, and the 10-year Treasury yield was down 2 basis points at 4.676%, still up nearly 3 basis points from the lows.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.