UTWO - Longer-Term Treasury Yields And Mortgage Rates Jump After Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy September, 22 2025 05:02 AM US Treasury 2 Year Note ETF 2025-09-22 05:02:00 ET Bond market reacts to inflation expectations and supply of new bonds, not the Fed’s policy rates. ... For further details see: Longer-Term Treasury Yields And Mortgage Rates Jump After Rate Cut, Yield Curve Steepens, Bond Market Gets Edgy