- by New Deal democrat
My Weekly Indicators post is up at Seeking Alpha.
After several weeks of tightening and then inversion, the yield curve in the US Treasury market un-inverted in a big way this past week - via higher long term rates which drove mortgage rates above 5%, which will have a decidedly negative effect on housing.
As usual, clicking over and reading should be educational for you, and will help me pay for dinner out if the weather is nice.
