Author name: Ricky Vasquez

Key insight: Treasury Secretary Scott Bessent avoided confronting the rate cap directly, but argued banks already are benefitting from deregulation elsewhere. Supporting data: Bessent argued that banks enjoy trillions in extra lending capacity, freed up by the unwinding of compliance standards.  Forward look: The White House appears increasingly serious about passing a credit card interest […]

News that Danish pension funds are exiting the US Treasury markets produced dramatic curve steepening trades at the openings this morning. Processing Content The 5-year yield began the day 1½ bps higher, the 10-year yield 4½ bps higher, and the 30-year yield 7½ bps higher. Additionally, S&P futures are down more than 100 points and

The most competitive markets in the country are largely in the east, driven by constrained inventory and home-price growth. Processing Content Hartford, Connecticut topped Zillow’s list of the hottest housing markets in 2026, edging out Buffalo, New York, which placed first in each of the last two years. The 50 most populated metros were ranked