Fed Rate Pause Keeps Treasury Yields Elevated, Squeezing Real Estate Refinancing as Markets Price 51% Cut Probability
The Federal Reserve's extended rate pause is sustaining 10-year Treasury yields in the 4.1–4.2% range, with markets pricing only a 51% probability of a single 25bp cut by June 2026. The pressure is already visible in leveraged real estate deals, with Finnish residential landlord Kojamo completing a major portfolio acquisition under these conditions while issuing cautious full-year guidance. Cross-asset markets — equities, bonds, and forex — are recalibrating to a higher-for-longer reality.
ViaNews Editorial Team (Markets)•