The Largest Foreign Holders of US Treasury Securities and the “Basis Trade”: April 2026 Update by Wolf Richter • Apr 15, 2026 • 21 Comments Foreign demand for the ballooning US Treasury debt is an increasingly important issue. But how much of that demand is actually “foreign?”
Car & Truck Inflation in America: Cost of Vehicle Ownership Soared by 36% since 2020 by Wolf Richter • Apr 14, 2026 • 101 Comments Prices of new & used vehicles, insurance, gasoline, maintenance & repairs, parts & accessories, and fees.
PPI Jumps by over 6% Month-to-Month Annualized for 3rd Month in a Row. Energy Price Spike just Latest Wrinkle by Wolf Richter • Apr 14, 2026 • 19 Comments The hit from energy in March was softened as food and services briefly backed off. In prior months, services were the driver.
Single-Family Home Sales Drop Further into Deepfreeze, Supply Hits 10-Year High, Condo Sales Plunge to Record Low by Wolf Richter • Apr 13, 2026 • 93 Comments March was a lousy beginning of spring selling season. But mortgage rates ticked up only modestly.
Dear Readers, Please Donate to WOLF STREET: Spring 2026 Reminder by Wolf Richter • Apr 11, 2026 • 30 Comments Your generous support over the years has kept WOLF STREET free and open to all, without paywall. Thank you!!
US Government Sold $620 Billion of Treasury Securities this Week. 10-Year Yield Ends at 4.31%, 30-Year Yield at 4.91% by Wolf Richter • Apr 11, 2026 • 120 Comments Those yields look too low for what’s coming at the bond market: The next wave of Inflation and a Fed that’s comfortable with 3%+ core PCE inflation.
First Wave of Energy Price Spikes Hit CPI Inflation by Wolf Richter • Apr 10, 2026 • 29 Comments Energy that Americans pay for directly: Gasoline, propane, fuel oil, other fuels, utility natural gas, and electricity.
US Government Interest Payments, Tax Receipts, Average Interest Rate on the Debt, and Debt-to-GDP Ratio in Q4 2025 by Wolf Richter • Apr 9, 2026 • 40 Comments It’s ugly, but slightly less ugly.
The Once Uber-Dovish ECB Continues QT, Shed €66 Billion in March, Has now Shed 50% of QE Assets since Peak by Wolf Richter • Apr 9, 2026 • 13 Comments Marking its gold to market every quarter (unlike the Fed), the ECB booked another big write-up of its gold holdings in Q1.
Six-Month Core PCE Inflation (still before Iran War) Jumps by Most since June 2024. The Fed Needs to Pay Attention by Wolf Richter • Apr 9, 2026 • 39 Comments “Market-Based Core PCE price index,” which excludes the imputed housing components, spiked by the most since February 2023.
