This has been the most devastating time for bonds since at least 1926, and maybe in centuries. But, our columnist writes, much of the damage is already behind us.
Tag: Interest Rates
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Mortgage Rates Hit 7%, Housing Prices Expected to Fall
As the average 30-year mortgage rate eclipses 7 percent, home buyers and sellers are confronting sticker shock.
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Stocks Drop as Focus Shifts Back to a Potential Recession
Investors are anticipating a global recession as central bankers take a hard line against inflation, looking to slow the economy by raising interest rates.
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FOMO Helped Drive Up Housing Prices in the Pandemic. What Can We Expect Next?
Inflation-corrected prices may end up substantially lower as factors driving high home prices weaken with time.