Bond Market Gets Nervous about Rising Inflation, Ballooning Debt, Sees Rate Hike. Mortgage Rates Jump to 6.46% by Wolf Richter • Apr 4, 2026 • 65 Comments 10-Year Treasury yield bounced to 4.35% on Friday, after dipping earlier in the week. 30-year Treasury near 5%. Entire Yield Curve above EFFR.
This is the Weirdest US Labor Market I’ve Ever Seen by Wolf Richter • Apr 3, 2026 • 117 Comments Weak demand for labor and job destruction at federal & state governments should push up unemployment. But the supply of labor has plunged.
My Take on Auto Sales in March – Come to Think of it, My Take on the Tough & Ugly US Auto Market by Wolf Richter • Apr 2, 2026 • 93 Comments GM, Ford, Honda in a quagmire. Tesla now like GM & Ford. Stellantis & Nissan try to exit a death spiral. Toyota gains. Hyundai-Kia rocks from record to record.
The Massive Unsustainable Trade Deficit in Goods Has Improved Sharply. Tariffs Are Doing their Job by Wolf Richter • Apr 2, 2026 • 74 Comments The 6-month average trade deficit in goods fell to $80 billion, the least-bad since 2020.
Inventory of Homes for Sale in California Rose to the 2nd Highest for March in over a Decade as Demand Withered: Biggest Markets by Wolf Richter • Apr 1, 2026 • 39 Comments In the San Jose metro (Silicon Valley), active listings hit at least a 10-year record for March. But Orange County lags behind.
Retail Sales Plunged in February. But Huge Seasonal Adjustments Caused them to Jump. A Look at Both by Wolf Richter • Apr 1, 2026 • 11 Comments But what the heck happened at food & beverage stores?
