US housing starts slowed in September to at a -1.58% MoM rate. Permits dropped 7.67% MoM.
Now that interest rates are expected to rise … in late 2022, we may be a slowing in the housing market.
Here are the numbers.
The US Treasury 10Y-3M slope is rising as inflation rises (that inflation curve looks like the ARCTAN function from prepayment modeling!)
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