The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

BNY Mellon High Yield Strategies Fund, a CEF, aims to provide attractive total return from its portfolio of credit investments. Read why I rate DHF as a hold.

The higher yields found in the bond market provide a bigger buffer against volatility compared with a few years ago — and greater potential for upside than downside as interest rates change, according to Vanguard.

Gold rose as traders assessed differing views from US Federal Reserve officials on how President Donald Trump’s tariff agenda will impact inflation.

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.

Federal Reserve Governor Christopher Waller said on Thursday he continues to believe the U.S. central bank should cut interest rates at the end of this month amid mounting risks to the economy and the strong likelihood that tariff-induced inflation will not drive a persistent rise in price pressures.

One of the chief reasons the Federal Reserve should cut interest rates now, a top central banker argues, is because the economy has gotten weaker and is likely to stay weak for the rest of the year.

The EUR/USD exchange rate pulled back and crossed a key support level after the US released mixed economic numbers last week.