rates

The S&P futures market is net-short approaching the levels of late 2007. Rising rates are linked to recessions, both soft and hard.

https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ Powell can re-define recessions with words, but despite his double speak, he too knows that a recession is already underway. As for recessions, the data is equally abundant that those rising rates tend to correlate directly with recessions, both soft and hard   Source: https://kingworldnews.com/the-world-is-about-to-see-serious-deflation-followed-by-massive-inflationary-money-printing/ h/t BoatSurfer600

Biden Country! 30Y Mortgage Rates UP 143% Under Biden, Long And Short Treasury Curves Remain Inverted (Fed Is Only About Half Way To Raising Rates And Will Stop)

by confoundedinterest17 The US economy was sitting high on the global mountain top before Covid. Then Covid struck, The Federal Reserve and Congress went wild with stimulus spending and inflation went wild. This is Biden Country, a feeble shell of this once great nation. As The Fed tries to counter the years of excess monetary stimulus pre …

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Can the FED really lower rates this recession?

by watifurdadpulledout I know the Fed has loaded its chamber with 5.25% of interest rate hike and maybe 50bps more are coming over the next couple months. But the Core Inflation rate is still at 5.25%. The last CPI came in at 4.9% and is not going down to 2% anytime soon. If anything summer …

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The US debt must be refinanced at 5% interest rates in less than two years, up from 0% just 15 months ago. Treasury Department auctions $15 billion worth of one-day cash management bills.

The US will need to refinance almost half of its national debt in less than 2 years. Let's not forget that interest rates were at 0% just 15 months ago. Wait until these debt instruments need to be rolled over at 5% rates. One thing is true: None of us own enough hard… pic.twitter.com/qR7HVVBV1e — …

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Despite Getting Whacked by Bank Turmoil, Layoff News, Credit Crunch, High Interest Rates, and Inflation, our Drunken Sailors Spent Even More, Even Adjusted for Inflation

Guest Post from Wolf Richter at WolfStreet.com: Where does the money come from? They now out-earn inflation, they earn interest income, and they dipped into their assets whose prices ballooned over the years. Consumer spending, adjusted for inflation and for seasonal factors jumped by 0.5% in April from March, after two months of declines and …

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Land Of Confusion! US Mortgage Demand Drops 3.7% From Previous Week, Under Biden: Mortgage Purchase Demand Down -44%, Refi Demand Down -87%, Mortgage Rates UP 106%

by confoundedinterest17 Under Biden, the US economy is a land of confusion. Under Biden’s Reign of Error, Mortgage Purchase Demand is down -44%, Refi Demand is down -87%, and Mortgage Rates are UP 106%. Mortgage applications (demand) decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for …

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Middle Class Families Can’t Afford Homes Anymore As Mortgage Rates Hit Record Levels

https://www.youtube.com/watch?v=GsJo-iqhgNQ 90% of Americans say that owning a home is a key part of the American dream. But today, more than half of them believe they will never own their dream home, and about 70% of U.S. households can’t afford the average-priced home, especially when considering that mortgage rates have more than doubled since 2020. …

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Interest rates likely to move HIGHER

by okie1 New data just came in. Use of fed’s liquidity facilities declined again: View post on imgur.com This is where the money was coming from to create the demand for T bills, which is what was bringing rates down at the lower end of the yield curve. T bills are a cash equivalent that …

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