According to @charliebilello, the five ways to restore US housing affordability are to stop money printing, end Fed interest rate suppression and MBS purchases, wind down Fannie Mae and Freddie Mac, impose a 50 percent sales tax on foreign and corporate buyers, and sell unused government land for new home development, as outlined in his post and video. source: @charliebilello on X and YouTube Historical evidence shows that scaling back Fed large-scale asset purchases lifts term premiums and MBS yields, raising mortgage rates and pressuring home prices and homebuilder and REIT equities. source: Federal Reserve Bank of New York Liberty Street Economics 2011; Federal Reserve Board staff 2018 Reducing or removing GSE guarantees would widen mortgage spreads and increase borrower costs, with implications for MBS ETFs such as MBB and mortgage REITs like NLY and AGNC. source: Congressional Budget Office 2018 GSE options report; Federal Housing Finance Agency 2023 annual data A punitive tax on foreign and institutional buyers would curb investor demand, which has comprised a notable share of transactions in recent years, potentially easing price momentum. source: National Association of Realtors 2023 Profile of International Transactions; Redfin Research 2024 investor homebuying report Increasing buildable land supply tends to moderate prices and rents over time, which feeds into lower CPI shelter inflation that influences Fed policy and Treasury yields. source: Congressional Research Service 2022 Federal Land Ownership overview; Glaeser and Gyourko 2018 housing supply research; U.S. Bureau of Labor Statistics 2024 CPI shelter methodology For crypto positioning, tighter liquidity and higher real yields have coincided with weaker BTC and ETH performance while supporting the dollar and front-end rates, underscoring cross-asset downside risk if these tightening measures were enacted. source: International Monetary Fund 2022 blog on crypto and equities comovement; Bank for International Settlements 2022–2023 analyses on crypto and risk appetite

According to The Kobeissi Letter, equity markets are showing notable reactions as the US 10-Year Treasury Note yield rises above 4.50%, now more than 80 basis points higher than pre-Fed Pivot levels. This surge in yields is pushing mortgage rates above 7%, auto loan rates past 10%, and credit card rates over 20%, signaling tighter financial conditions. For crypto traders, these developments are critical, as higher yields and borrowing costs often reduce risk appetite in traditional markets, which can either increase volatility or drive flows into digital assets as alternative investments (Source: The Kobeissi Letter, May 21, 2025).

According to The Kobeissi Letter, the US 30-year Treasury note yield has officially breached 5.00%, while the 10-year note yield climbed another 11 basis points as of May 19, 2025. Bond markets are responding to persistent inflation concerns, lack of recession signals, and stalled trade negotiations. This surge in yields signals tightening financial conditions, which could drive mortgage rates to 8% unless policy intervention occurs (source: @KobeissiLetter). For cryptocurrency traders, rising yields tend to strengthen the US dollar and reduce risk appetite, adding pressure to Bitcoin and altcoin prices as investors rotate into safer assets.

According to The Kobeissi Letter, the 30-year US Treasury yield has climbed back to 5% and mortgage rates have exceeded 7%, despite recent trade deals and weak inflation data (source: The Kobeissi Letter, May 15, 2025). These persistent high yields reflect ongoing economic uncertainty and signal tighter financial conditions, which often lead to increased volatility across risk assets, including cryptocurrencies. Historically, rising yields can reduce liquidity and investor appetite for speculative assets like Bitcoin and altcoins, possibly causing short-term price corrections. Crypto traders should closely monitor bond market movements as they remain a leading indicator for broader risk sentiment.

According to The Kobeissi Letter, the US 30-year Treasury yield has climbed back to 5%, while mortgage rates have surged above 7%. Despite recent trade deals, weaker inflation data, and ongoing economic uncertainty, yields remain elevated and show no signs of retreat. The inability of positive headlines to suppress yields indicates persistent risk-off sentiment in traditional markets. For cryptocurrency traders, rising yields and higher borrowing costs may drive increased interest in alternative assets like Bitcoin and Ethereum, as investors seek returns outside traditional finance. Source: The Kobeissi Letter on Twitter.

According to Moonshot’s analysis shared on Twitter on April 30, 2025, the current US housing market is experiencing reduced transaction volumes due to persistently high mortgage rates and tightening credit conditions (source: @moonshot). For traders and investors, this signals a potential period of price stagnation or mild declines, with REITs and homebuilder stocks facing downward pressure. Moonshot’s data suggests monitoring regional inventory levels and mortgage rate trends for actionable trading signals, as these factors are directly influencing short-term price movements and market sentiment.