Real Estate Investors are gritting their teeth at the moment. The benchmark SOFR remains steady, but the 10 year treasury which is the benchmark for permanent financing has risen sharply in the past week and hit a high of 4.65% yesterday.
Many are wondering what is causing the bond yield on the 10 year Treasury to continue to rise.
We are also seeing oil prices rising at a time when major parts of the world are experiencing economic slowdown. We also have gold reaching record highs.
The obvious questions are “Why?” And what does this mean?
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