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Real Estate Market Will Stay "Savagely Unhealthy" For A Long Time | Logan Mohtashami

Forward Guidance

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The 10 Year Yield in Mortgage Rates Is Normal Post 1982

Mortgage rates fall into a recession in the same way that bond yields fall mortgage rates fall so it's not like a uh a high yield instrument where spreads will blow up blow out. In 1981 we have gone through an entire recession recovery and now having recessionary data with the 10-year yield being above 3 isn't that long. The fed is not happy about that because they don't want loosening they want tighter credit conditions and the bond market doesn't care right?

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