“For the first time in over 25 years, the bond market is at real risk of moving into a bear-market.” – Graham Summers
Everything from corporate debt and mortgage rates to auto loans and stock dividends are all perceived in terms of their value/risk relative to the yield on the 10-Year US Treasury bond… and the 10-Year just broke above it’s 25 year trendline …
Why does this matter and how will it effect real estate prices? More on this in a later post….
-Allen A Garzone II, Garzone Real Estate, Inc, Boston Real Estate Agent