WS #14776
Macro conditions remain tight as the 10-Year Treasury yield hits a 19-year high and the 30-year mortgage rate jumps to 7.45%. The Fed's plan to raise bank oversight thresholds signals a tightening of credit conditions for smaller financial institutions. Aggregate bond ETFs are hitting 12-month lows, reflecting persistent inflation fears and a bearish outlook for fixed income, which continues to pressure rate-sensitive sectors.
Macro Rate & Bond Pressures
Macro conditions remain tight as the 10-Year Treasury yield hits a 19-year high and the 30-year mortgage rate jumps to 7.45%. The Fed's plan to raise bank oversight thresholds signals a tightening of credit conditions for smaller financial institutions. Aggregate bond ETFs are hitting 12-month lows, reflecting persistent inflation fears and a bearish outlook for fixed income, which continues to pressure rate-sensitive sectors.