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.”
Update on the Fed’s Balance Sheet and its Reserve Management Purchases by Wolf Richter • Mar 5, 2026 • 24 Comments Adding T-bills, shedding MBS, Treasury note & bond balances on ice, SRF unused.
Private Sector Ramps Up Hiring. Job Losses Mount at Federal & State Governments by Wolf Richter • Feb 11, 2026 • 64 Comments How much job growth is actually needed as population growth slows dramatically?
Single-Family Home Prices Barely up YoY, Condo Prices Fall, Highest Supply for Nov in Years, Sales at Housing Bust Levels by Wolf Richter • Dec 19, 2025 • 95 Comments The beginning of the 4th year of demand destruction in the resale market after the price explosion from mid-2020 to mid-2022.
Spike in Refis, Triggered by Small Dip in Mortgage Rates, Fizzled. Demand for Mortgages to Purchase Homes Still in Deepfreeze by Wolf Richter • Oct 8, 2025 • 69 Comments Mortgage rates are higher than before the rate cuts started over a year ago.
Core Services PPI Explodes, Worst since March 2020, Causes Overall PPI and Core PPI to Explode by Wolf Richter • Aug 14, 2025 • 223 Comments Food prices also spiked. Energy prices surged due to diesel, jet fuel, and industrial electric power. Ugly all around.
The 10 Bigger Cities with the Biggest Price Declines of Single-Family Homes (-9% to -23%) from Peak through June by Wolf Richter • Jul 22, 2025 • 37 Comments Austin, Oakland, New Orleans, San Francisco, Birmingham, Washington DC, Fort Myers, Denver, Portland, and Phoenix.
Inventory of Homes for Sale in the Biggest Florida Metros Piles Up to Highest in Years as Demand Has Withered by Wolf Richter • Jun 10, 2025 • 63 Comments Active Listings versus 2019: Tampa +40%, Orlando +42%, Jacksonville +25%, Cape Coral-Fort Myers +36%, North Port-Sarasota +36%, Lakeland +80%. Miami a little behind: +5%.
Not Another Free Lunch: Don’t Let Fannie and Freddie Turn Back into GSEs by Edward Pinto and Alex Pollock • Apr 1, 2025 • 25 Comments “The risk is 99% public and the profit is 100% private.”
