A Recession Is Now A Lock, Done Deal, Happening!

The Yield Curve, A Reliable Recession Indicator, Just Sounded An Alarm U.S. government 3-month rates rose above the yield on 10-year bonds, according to U.S. Treasury data for Oct. 18, 2022. This is fairly unusual and researchers regard this as among the best …

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US Mortgage Rates Climb To 7.20% (Highest Since 2000) As Core Inflation And Diesel Prices Soar With The Fed Counterttacking (Mortgage Rates Likely To Rise To 9-9.25% By May 2023)

by confoundedinterest17 US 30-year mortgage rates rose to 7.20% yesterday, the highest rate since 2000. Why? Core inflation is rising and its the highest since 1992. Diesel prices, the all-important fuel for the transportation industry, is rising again after a brief …

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