Tuesday, January 18, 2022

builders confidence down ...

 due to material costs going up & so do 30 year mortgage  up a full 1% since Nov last year

TNX 1.813

SPX settling at 4600

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30Y treas auction rates above 5p

Last it happend was in Aug 2007 - about 20Y ago and a market peak which broght the real estate and financial crisis..!