The 10-year yield increased nine basis points, or 0.09 percentage points, from January through March to 1.85%.

The yield climbed 12 basis points from October through December.

Ten-year yields fell eight basis points this week, according to Bloomberg Bond Trader prices.

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Former Fannie Mae employee gets 6 years in prison for making $1 million on shady foreclosure sales

A former Fannie Mae employee will spend more than the next six years in prison after being found guilty of accepting more than a million dollars in bribes and kickbacks in exchange for selling Fannie Mae-owned foreclosures for less than market value.

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3d rendering of a row of luxury townhouses along a street

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