re: Is anyone else worried that the chart for the 10-yr treasury yield is curving upwards?

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What incredible times we are living in. Those of us with mortgages in the 2s are going to reap the financial benefits for generations.

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What does it mean if you have no debt?

You are right I meant the Federal reserve.

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Is anyone else worried that the chart for the 10-yr treasury yield is curving upwards?

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Personally, I'd love 10-yrs to cross 5%. I'd go at least 40%-50% treasuries at that point.

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Anyone who has a variable rate loan right now is an idiot and must have known that at some point rates would rise from historic lows.

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This is reductive and not necessarily true - especially not if you can afford to retire your mortgage at any time. The last refi I did was a 10-year IO ARM at 2.75% 30 year fixed was 4%+ at that time. I will save hundreds of thousands of dollars in the first 10 years for taking this option. And when 10 years comes, I can refi if rates are low or else just pay it down.

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I remember 7+% treasuries, and double digit inflation. We all survived.

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Awesome. I’m glad you survived. That’s very helpful for our economy.

I’ve been worried since the yield inversion being as wide as it is. This is just the fly on the shite sandwich.

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Much better to quell inflation than to worry about rising interest rates. Inflation is a regressive tax that attacks the lower income and fixed income individuals the most.

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1. There is no inflation
2. Inflation is transitory
3. Ok there's inflation but soft landing
4. there isn't a painless way to get inflation
behind us. <--- you are here

Does no one ever get sick of the lies?

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Simply put, the higher the yield, the higher borrowing costs on debt, such as consumer loans and mortgages.

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In just a free years debt interest, social security, and medicaid will be 100% of tax revenue. All other spending will have to be borrowed. We’re f*cked.

We are either going to default outright, or more likely, default by inflation. Get ready to tip with $100s.

It won’t drop a lot from when he bought it or refinanced it over a year ago. Only the people who purchased over the last 8-12 months really need to worry about price deterioration, and even then they have such a low rate that it would be detrimental to move because it would cost more for less house.

So in essence there will be some depreciation in the overheated markets and to a lesser degree across most markets. The long term growth of the housing market was hurt by the easy monetary policy. Instead people will rent.

I’m glad I’m a have and not a have not.

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Those of us with mortgages in the 2s are going to reap the financial benefits for generations.

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Not really because your house will be worth half of what it is now because no one will be able to afford the interest rates to buy it. If you will stay in that house the rest of your life then yes but if you will need to upgrade in the next few years, your screwed.