Construction of Data Centers, Power Plants, Factories, and Office Buildings: Boom & Bust by Wolf Richter • Mar 23, 2026 • 41 Comments Explosive spending on data-centers exceeded plunging spending on office buildings for the first time ever.
2-Year, 3-Year Treasury Yields Spike, Flip to Rate Hike. Yield Curve Uninverts. Government Sold $606 Billion of Treasury Securities this Week as the Borrowing Must Go On by Wolf Richter • Mar 21, 2026 • 89 Comments Whiff of turmoil in the bond market as inflation fears moved to the front and center.
Treasury Yields Spike, 10-Year to 4.39%, 30-Year to 4.96%, Mortgage Rates to 6.5%, as the Bond Market Gets Antsy by Wolf Richter • Mar 20, 2026 • 53 Comments Bond market frets about inflation, leveraged Treasury bets unwind, housing market frets about spring selling season.
Money-Market Funds & CDs: Americans’ Ballooning Piles of Interest-Earning Low-Risk Investments by Wolf Richter • Mar 20, 2026 • 50 Comments They’re investment choices, like bond funds, bonds, etc., not that illusory “cash on the sidelines.”
Prices of New Single-Family Homes Drop Further, Inventory of Completed New Homes for Sale Highest since 2009 by Wolf Richter • Mar 19, 2026 • 34 Comments Hoping for lower mortgage rates that may not come.
Bond Market Gets Edgy as US Treasury Debt Hits $39 Trillion, Spiking by $2 Trillion in 7.5 Months and Not Slowing Down by Wolf Richter • Mar 19, 2026 • 80 Comments But debt doesn’t exist in a vacuum: The Debt-to-GDP and Deficit-to-GDP ratios provide (ugly) context.
Fed Holds Rates, now with Only 1 Dissenter, Sees Accelerating Inflation & GDP Growth by Wolf Richter • Mar 18, 2026 • 79 Comments Dot Plot projections still point at 1 rate cut in 2026. Powell: “If we don’t see that progress [on inflation], then you won’t see that rate cut.”
Hot Producer Price Inflation Adds to Fed’s Complex and Worsening Inflation Problem by Wolf Richter • Mar 18, 2026 • 57 Comments Worst 6-month PPI inflation since August 2022 (+5.3% annualized). After multiple rate cuts by the Fed, inflation heats up everywhere: services, food, energy, other goods.
The Most Splendid Housing Bubbles in America: Price Drops & Gains in 33 Big Expensive Cities, February 2026 by Wolf Richter • Mar 17, 2026 • 50 Comments Each city has its own housing market. In some, home prices have dropped a lot; in others, prices have hit new highs.
Pending Home Sales Ticked Up from Record Low. But Now Mortgage Rates Spiked Back over 6.3% by Wolf Richter • Mar 17, 2026 • 22 Comments Home sales in February, as feeble as they were, benefitted from the lowest mortgage rates in years. Those rates are now gone.
