Bloomberg's Michael McKee joins Scarlet Fu on "Bloomberg Real Yield" to discuss the Fed decision, the surge in long-end US Treasury yields and its effect on rates for consumers. US mortgage rates rose to a 12-month high due to climbing yields.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-07-30/mortgage-rates-in-us-rises-highest-level-in-a-year-video)