China is one of largest owners of U.S. mortgages. There is growing concern that in retaliation for tariffs the country could sell them, causing rates to rise.
Related Posts
Janet Yellen: Covid stimulus may have contributed ‘a little bit’ to inflation
Janet Yellen discussed inflation, the Covid-19 pandemic, the Fed, DOGE and more on CNBC’s “Money Movers” in an interview before leaving her role.
Trump takes aim at Canada, Greenland and the Panama Canal in Christmas Day posts
The posts build upon a series of messages Trump has delivered in recent weeks, including that the U.S. should buy Greenland and obtain control of […]
Trump finds unexpected ally in auto union leader over tariffs
UAW President Shawn Fain showed support for President Donald Trump’s tariffs, which include 25% levies on automobiles and supporting parts.