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Sunday, 27 September 2026

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30-year fixed mortgage rate jumps sharply Thursday to 7.45%

Mortgage rates rose sharply Thursday, as bond yields surged, with the average rate on the 30-year fixed hitting 7.45%, according to Mortgage News Daily. While other outlets, like Freddie Mac, reported Thursday morning t…

China's Xi urges U.S. to cooperate on AI

BEIJING — Chinese President Xi Jinping told U.S. President Donald Trump that there is more opportunity for cooperation than competition on artificial intelligence.

Cotton Firms into Thursday’s Close

Cotton futures closed the Thursday session with contracts up 2 to 60 points across the nearbys. Crude oil was up $2.60 per barrel on the session, with the US dollar index $0.163 higher.

Corn Eases Lower as Export Business Disappoints

Corn futures rounded out the Thursday trade, with fractional to 2 ½ cent losses across the most contracts at the close. The CmdtyView national average Cash Corn price was down 1 1/4 cents at $4.83 3/4.

Dollar Supported by Higher T-Note Yields

The dollar index (DXY00) on Monday rose by +0.30%. The dollar moved higher Monday on carryover support on concern that last week's CPI and PPI reports showed an acceleration of prices that could keep the Fed from cuttin…

Cotton Bouncing Higher on Thursday Morning

Cotton prices are up 47 to 75 points on Thursday AM trade. Futures saw gains of 2 to 36 points across most contracts on Wednesday, with thinly traded October down 78 points. Crude oil was up $2.19 per barrel on the sess…