An inverted yield curve is an important economic indicator and is often a precursor to a recession. Normally, long-term interest rates are higher than short-term interest rates so a graphical plot of yields from Treasury bonds of different durations normally slopes up. One often-used graphic is the … [Read more...] about 4.1.22: YIELD CURVE INVERTS – WILL IT PREDICT A RECESSION?
2.28.12: Commercial Real Estate Loan Prices Regaining Pre-Recession Values
Costar reported that the aggregate value of bank and CMBS real estate loans sold last year rebounded to levels not seen since 2008. Whole real estate loans, both commercial and residential, offered by the Federal Deposit Insurance Corp. (FDIC) last year sold at 84% of their book value compared with … [Read more...] about 2.28.12: Commercial Real Estate Loan Prices Regaining Pre-Recession Values