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SPTI - The 2019 Tailwinds Of Housing Describe The 2020 Headwinds Of Economy
SPDR® Portfolio Intermediate Term Treasury ETF
It's all somewhat confusing, once acclimated to this new paradigm. The highest in years can still be nearer the lowest in history. Given that apparent contradiction, it seems as if only one of those perspectives can apply. Which one you focus on often depends upon which way you already lean.
Toward the end of last year, mortgage interest rates had climbed up near 5% (average 30-year). It was the highest since early 2011, a surefire calamity for the housing market. And that market was under severe pressure. In terms of volume and even prices,