Housing Bubble Getting Ready to Pop: Mortgage Applications Plunge amid Holy-Moly Mortgage Rates, Croaking Stocks, Ridiculous Home Prices by Wolf Richter • May 18, 2022 • 263 Comments “Recent stock market volatility” catches some of the blame.
Holy-Moly Mortgage Rates Hit 5.64%, 10-Year Treasury Yield 3.12%, Long-Term Treasury Bond Fund Gets Massacred by Wolf Richter • May 7, 2022 • 306 Comments So the Fed Gets Ready to Walk Away from the Bond Market, and All Kinds of Stuff Happens.
Deep-Junk-Rated Carvana Gets $4.5 Billion from New Investors, after Shares Collapsed by 79%, Hoping the World Hasn’t Run out of Greater Fools Yet by Wolf Richter • Apr 25, 2022 • 88 Comments The cash-burn machine needs new fuel.
Treasury Bond Massacre, Mortgage Rates Hit 5.35%, Highest since 2009, and it’s Only April by Wolf Richter • Apr 19, 2022 • 157 Comments But future bond buyers get the higher yields.
Margin Debt Drops Further amid Imploded Highfliers & Broad Stock Market Sell-Off: Not a Good Sign for Stocks by Wolf Richter • Apr 18, 2022 • 136 Comments There are other types of stock market leverage, and no one knows how much leverage there is in total. Margin debt is the only reported indicator.
Amazon Issues Another “Callable” 40-Year Bond: Buyers Beware. Have a Look at the Prior Deals by Wolf Richter • Apr 11, 2022 • 137 Comments What’s good for Amazon is not good for the gander.
As Treasury Yields Spiked, Junk Bonds Did the Opposite: Still Maniacally Chasing Yield in Riskiest La-La Land by Wolf Richter • Apr 10, 2022 • 105 Comments Junk bond yields actually fell over the past month and are historically low.
Mortgage Rates Breach 5%, Two-Year & 10-Year Treasury Yields Spike after Fed Dove Brainard Explains How Inflation is Much Worse for Lower Income Households than CPI Shows by Wolf Richter • Apr 5, 2022 • 336 Comments “It is of paramount importance to get inflation down,” she said to get markets to prepare for what’s coming. And they’re preparing.
Bond Massacre, Inflation Prick Biggest Bond Bubble in History by Wolf Richter • Mar 30, 2022 • 173 Comments The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation (transcript from my podcast).
THE WOLF STREET REPORT: Bond Massacre, Inflation Prick Biggest Bond Bubble in History by Wolf Richter • Mar 27, 2022 • 224 Comments The dollar’s role as dominant global reserve currency is at risk if the Fed fails to crack down on inflation.
