Show notes:TMSpotlight:

06-03-2024 "Suite: Judy Blue Eyes" Hesitation, Higher Yields, or More Interest. Hard Choices.

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It's getting to the point, Jay is no fun anymore. He is sorry.

Recent Treasury auctions show investor hesitation to buy. Do they expect higher yields? The low appetite, coupled with the higher-for-longer

Fed policy, will cost the high-debt US federal government more interest.

According to projections by the OECD, an intergovernmental organization with 38 member countries, US gross debt will exceed 200% by 2040 if policies remain unchanged, and Italy will barely be worse.

Bears are yours, Bulls are mine, Fed is what it is. Jay makes it hard.

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Song: Suite: Judy Blue Eyes (1969) Crosby, Stills, and Nash

National Mortgage News article - Will other mortgage warehouse lenders follow NYCB in pullback?
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