Avid rate-watchers monitor interest rate spreads all the time. Among other things, spreads help project the likelihood of a recession and the path for interest rates.
A spread, or "term spread," simply refers to the difference in yield between two maturities. For example, the most-quoted term spread is
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Today's reports...
Stories posted on MortgageLogic.news this weekend:
• Debt ceiling black swan
• The latest from RateLand
This & That
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💡In brief: It could be a climactic week for rates on multiple levels (the Fed hike, employment reports, banking stresses, etc.). Borrowers needing financing through August should be prepared to lock rates quickly if bond yields spike, although that's not the expectation.
The Fed's likely and
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The unlikely event of a U.S. debt default could lead to double-digit U.S. inflation, unemployment and GDP losses, and interest rates rising "into perpetuity," Treasury Secretary Yellen warned this week.
In essence, an "economic catastrophe."
That not-so-pleasant thought is why American lawmakers almost certainly
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Today's report...
Hana Bank: Low rates. Useful niches
(Click link for story)
This & That
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