Talk about a shift in sentiment:
The 10-year note yield now pushing above 4.20% while the S&P 500 falls -4.5% in 3 hours.
Yields are ABOVE levels seen before "Liberation Day."
Once again, bond markets are telling us something. pic.twitter.com/zOQcikVObA
— Adam Kobeissi (@TKL_Adam) April 8, 2025
FHA delinquencies are skyrocketing, 15.11% of all FHA mortgage purchase loans are now DELINQUENT.
This excludes the loans artificially brought current by placing the missed payments to the back of the loan.
In 4Q2007 FHA overall delinquencies were LOWER at 13.05 percent (vs… pic.twitter.com/WYuCYOKSFq
— Darth Powell (@VladTheInflator) April 8, 2025
JUST IN 🚨: The Federal Reserve will not cut interest rates this year cautions Morgan Stanley pic.twitter.com/qBqbEYDmlE
— Barchart (@Barchart) April 8, 2025