Pending Home Sales Plunge to Near-Record Low in the Data, Hit Low in the West. Since then, Mortgage Rates Rose Further

Pending Home Sales Plunge to Near-Record Low in the Data, Hit Low in the West. Since then, Mortgage Rates Rose Further · Global Real Estate Intelligence

Pending Home Sales Plunge to Near-Record Low in the Data, Hit Low in the West. Since then, Mortgage Rates Rose Further

Producer Price Inflation beyond Energy: “Core” PPI Accelerates to 4.7%, Services PPI to 4.6%. Lots of Inflation Going on in Here

Largest “Foreign” Holders of US Treasuries, incl. US Hedge Funds in the “Basis Trade” & US Companies with Overseas Entities

Gasoline Plunged in June and lots of Month-to-Month CPI Squiggles Happened to Drop Simultaneously, but that Won’t Last

Fed Should Hike “in the Near Term” if CPI & PPI this Week Are “Hot”: Fed’s Waller. So at the July Meeting? Treasury Yields Jump

US Government Sold $743 Billion of Treasury Securities this Week, 30-Year Yield at 5.06% on Inflation, Lax Fed, Supply Fears

Supply of Existing Single-Family Homes Jumps to 10-Year High, Condo Supply to 14-Year High. Sales Slip Deeper into Deep Freeze. Mortgage Rates Rise to 6.49%