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A Postponed Rate Hike and a Pricier Mortgage: What Changed This Week of 28th September

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Markets all but took October's Fed rate hike off the table this week, and the 30-year mortgage rate rose a quarter-point anyway. The relief stopped at two years: short-term Treasury bills got cheaper, the 2-year stood still, and every longer yield went up.

In this week's What Changed, Vikas walks through the week of 28 September to 2 October 2026 in US markets:

→ Why the odds of an October…