The Bully Bond Market
The 30 year Treasury hit 5.34%, the highest since 2007, and AI debt issuance is a growing share of what your core bond fund now owns. Three things that actually matter if you're drawing income from a portfolio, and why a 5% yield is not a 5% spending rate.
2026: Big Housing Shift - Part 1
Treasury Secretary Bessent calls it "Parallel Prosperity" — closing the gap between asset owners and everyone else. For most Americans, that starts with housing. Here's what the administration is actually considering, and why the midterms are making this urgent.