Warsh’s First Fed Report Vows Price Stability, Revives Money Supply at 4.7%

The Fed's first Monetary Policy Report under Chair Kevin Warsh vows to deliver price stability, revives a money supply section, and sets up his July testimony.

The Fed's first Monetary Policy Report under Chair Kevin Warsh vows to deliver price stability, revives a money supply section, and sets up his July testimony.

The Fed has held rates since December, yet the 30-year mortgage sits at 6.49%. Here is how a Fed decision travels through the 10-year Treasury and the spread to your loan.

The U.S. Treasury sold $22 billion of 30-year bonds at 5.058% on July 9, the highest long-bond auction yield since 2007, as foreign demand took nearly 78%.

The June FOMC minutes reveal a Fed split between holding and hiking, with a few officials making a case for higher rates as inflation holds near 4 percent.

Treasury sold $58 billion of three-year notes at a 4.179% high yield on July 7, 2026, with indirect demand firming and prime steady at 6.75% ahead of the June FOMC minutes.

Federal net interest hit $722.7 billion in the first eight months of fiscal 2026, topping national defense by roughly $92 billion, according to Treasury data.

Eight meetings a year, twelve votes, one 2 p.m. statement. Here is how an FOMC meeting actually works and what the July 28-29 session could mean for your rates.

The U.S. Treasury sold $2.46 trillion across 37 auctions in June 2026. Here is how Treasury auctions actually work, who buys, and how results reach your rates.

The national debt closed June at a record $39.46 trillion after a $117 billion one-day jump, putting the $40 trillion mark within reach as soon as this fall.

The U.S. added just 57,000 jobs in June as unemployment held at 4.2%. Revisions erased 74,000 from spring payrolls, cooling talk of a 2026 Fed rate hike ahead of the July FOMC.