Budget plan strands financial stability

Commentary: Yes, we can do better

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Inman Connect New York | January 29 - February 1, 2019

A strange week, with some encouraging and some not-so-encouraging moments — on balance, more uncertainty at the end than the beginning.

Mortgage rates rose to just above 5 percent, but we have made that trip up several times after a high-four bottom and then dipped again. The Treasury market was more worrisome: The 10-year jumped to 3 percent upon confusion in the financial rescue and release of President Obama’s budget.