Housing Market’s Crucial “Spring Selling Season” Is in Tatters by Wolf Richter • May 6, 2026 • 38 Comments For the 4th year in a row: Normal-ish mortgage rates, too-high prices, and the “lock-in effect” from the Fed’s reckless interest-rate repression.
New Single-Family Home Prices Drop Further amid Inventory Glut. But Lower Prices Beget Higher Sales by Wolf Richter • May 5, 2026 • 38 Comments Inventory in the South still sky-high, up 60% from March 2019. But homebuilders understand what it takes: lower prices and big incentives.
Bond Market on Edge: Treasury Yields Spike, 30-Year to 5.03%, Mortgage Rates to 6.52%, as Gulf War Reheats by Wolf Richter • May 4, 2026 • 95 Comments Which raises a question: How many more Fed rate cuts would it take in this inflationary era to drive the 30-year Treasury yield to 6%?
The US Government sold $723 billion of Treasury Securities this Week. Inflation Jumped and Met T-bill Yields by Wolf Richter • May 3, 2026 • 62 Comments 30-year Treasury yield looks like it’s setting up to break out past 5%. A rate cut while inflation is heating up could do it.
Gap between Single-Family Rents & Multifamily Rents Widens to Record as Multifamily under Pressure by Wolf Richter • May 1, 2026 • 68 Comments The big divergence of asking rents in 14 big metropolitan areas by single-family rentals and multifamily units.
THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! If You Missed the Spring Reminder: Please Donate by Wolf Richter • May 1, 2026 • 5 Comments Your wonderful support is what keeps Wolf Street open to all, without paywall, to reach the largest possible audience.
Inflation in the Entire US economy Is Rocking and Rolling, and It’s Not Just Energy by Wolf Richter • Apr 30, 2026 • 140 Comments The 6-month core services PCE inflation index, accelerating since August, hit 3.7% annualized. Chip prices and software wreak havoc amid consumer electronics.
Without Government Spending & Trade, GDP Rose by 2.5% in Q1, Boosted by AI Investments. Debt-to-GDP Ticks up to 122.6% by Wolf Richter • Apr 30, 2026 • 20 Comments Consumer Spending Was OK-ish. Federal government spending spiked back partially after collapsing during the shutdown. Trade worsened.
Regime Change: Powell, Chair of Mega-QE & “Ample Reserves Regime,” to Be Replaced by Warsh, who Wants a Smaller Balance Sheet by Wolf Richter • Apr 29, 2026 • 31 Comments But Powell said he’d stay on as governor until “the investigation is well and truly over,” and promised “to keep a low profile” and support the new chair.
This Fed Meeting Must Have Been a Hoot. Fed Holds Rates amid 4 Dissents, most since 1992: 1 Dovish, 3 Hawkish by Wolf Richter • Apr 29, 2026 • 65 Comments “Inflation is elevated, in part reflecting the recent increase in global energy prices.” In part. And in part for other reasons.
