video1.0<iframe src="https://www.loom.com/embed/e31627f48e9f4c8b98d84bcfc92c3b54" frameborder="0" width="1142" height="856" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>8561142Loomhttps://www.loom.com8561142https://cdn.loom.com/sessions/thumbnails/e31627f48e9f4c8b98d84bcfc92c3b54-c4ce781fb8217e86.gif793.009This Loom explains what mortgage bonds are and how the 10-year Treasury yield influences mortgage rates. It defines a bond as a loan investors make to a government, company, or mortgage originators, and notes that the 10-year Treasury yield is about 5.1% with a mortgage bond spread of about 2.3%, implying mortgage rates around 7.4%. The speaker also reviews how rates moved through the year, including inflation hot readings and the Fed rate hike expectations, but points out yields have been falling despite hotter inflation due to shifting investor demand tied to worries in AI and corporate bonds.