Debt is cheap. Equity is scared. That gap is the trade.
10Y at 5.12%. Today's setup in rates, credit, and deals.
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The AI buildout is now a credit story.
10Y at 5.15%. Today's setup in rates, credit, and deals.
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Treasuries bid. High yield isn’t. Watch the gap.
10Y at 5.09%. Today's setup in rates, credit, and deals.
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Treasuries catch a bid. HY and Oracle don't.
10Y at 5.10%. Today's setup in rates, credit, and deals.
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Treasuries bid, HY cracking. Mind the gap.
10Y at 5.19%. Today's setup in rates, credit, and deals.
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The 10Y at 5.21% is not the ceiling anymore. It's the floor.
10Y at 5.21%. Today's setup in rates, credit, and deals.
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Power is the new land. Everyone just figured it out.
10Y at 5.24%. Today's setup in rates, credit, and deals.
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A five-handle 10Y is the new baseline. Underwrite accordingly.
10Y at 5.22%. Today's setup in rates, credit, and deals.
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The 10Y is the story. Everything else is noise.
10Y at 5.28%. Today's setup in rates, credit, and deals.
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The 10Y is sitting on 5.27%. Nobody's refi-ing out of this.
10Y at 5.27%. Today's setup in rates, credit, and deals.
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The 10Y broke 5.30. The bid-ask broke with it.
10Y at 5.31%. Today's setup in rates, credit, and deals.
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The 10Y is through 5.28%. The multifamily thesis just broke.
10Y at 5.28%. Today's setup in rates, credit, and deals.
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