The Bond Market Wants Collateral
🚨 Wall Street celebrated flat producer inflation. The thirty year Treasury responded by charging the United States its highest auction yield since 2001. One side ordered champagne; the other asked to see the balance sheet.
Today’s GRO MONEY NEWS explains why the S&P 500 reached another record while long term financing risk remains unresolved. We cover the technology rally across Japan and South Korea, current mortgage and CRE rates, rising housing inventory, H&R REIT’s C$6.7 billion transaction, and the construction inflation number hidden beneath the friendly PPI headline. 📈🏦🏗️
The capital…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.