Category: Real Estate
Soft Jobs Report Cools Bond Market Yield Spike
Wall Street spent the week of September 28 arguing with the bond market, and the bond market was winning until Friday morning. Long Treasury yields punched through levels last seen when flip phones were fashionable, mortgage rates lurched higher, and stocks kept looking over their shoulder. Then the September jobs report arrived like a cold…
If You Blinked
If you blinked this week, Wall Street did not. After last week’s first Federal Reserve hike in years, the United States spent September 21–25 proving the economy can jog and complain at the same time. Factories hummed, bonds threw a tantrum, two presidents posed for photos, and shoppers kept buying even while survey respondents muttered…
