We’re Goin’ Down! Treasury Curves Goes Negative As Mortgage Rates Hit 5.87% As Fed Tightens Its Choke Hold

#bubble, #inflation, @MetreSteven @JeffSnider_AIP @DiMartinoBooth @bondstrategist @RaoulGMI @LukeGromen @dlacalle_IA @EconguyRosie @profplum99 @SantiagoAuFund @biancoresearch @pboockvar @SriKGlobal, CMBS, CRE, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, Housing, Inflation, Mortgage, New Home Sales, Oil, Powell, REITs, SPX, Stocks, Treasuries, Treasury, TYVIX, Uncategorized, Wages, Yellen, Yield Curve 1 Minute

We’ve goin’ down!

The US Treasury 10Y-5Y yield curve has gone into negative territory (which usually occurs before a recession). At the same time, US mortgage rates are climbing like Tom Cruise in “Top Gun: Maverick” to 5.87% as The Fed tightens its choke hold on markets.

The 10Y-5Y Treasury curve typically goes negative before a recession.

And then we have today’s PPI report (Producer Price Index), rising 10.8% YoY as M2 Money stock starts to decline a bit.

Here is a better view of mortgage rates under Biden/Powell.

I hate this chart from John Burns.

Biden/Powell/Pelosi/Schumer are collectively “Mr Freeze.”

Published by confoundedinterest17

Published

2 thoughts on “We’re Goin’ Down! Treasury Curves Goes Negative As Mortgage Rates Hit 5.87% As Fed Tightens Its Choke Hold”

  1. Pingback: We’re Goin’ Down! Treasury Curves Goes Negative As Mortgage Rates Hit 5.87% As Fed Tightens Its Choke Hold | Headline of the Day

  2. The $400,000 house will just come down in price. It will take a while. Grab on to your family jewels.

    Like

Comments are closed.