It seems that the conversation about interest rates is changing — something on everyone’s holiday wish list.
For over a year now, rates have been rising, and the conversations have been grim. The ten-year UST briefly topped 5% on October 22nd, and there seemed no end in sight. “Survive until ’25” was what developers were saying, and it was almost always offered with a nervous laugh.
Today, the outlook is beginning to change. The ten-year UST is around 4.20% as of this writing. …
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