The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
3. www.SVN.com
Economic
Updates
Provided by
○ At its May meeting, the Federal Reserve’s policy-
setting committee raised interest rates by 50 basis
points from a range of 0.25%-0.50% to a range of
0.75%-1.00%.
○ The policy move was the first half-percentage point
hike by the Fed since 2000, and it follows its initial
quarter-percent point hike in March that began the
tightening cycle.
○ While a Summary of Economic Projections was not
released alongside the May policy meeting, forecasts
tabulated by the Chicago Mercantile Exchange’s Fed
Watch Tool show an average year-end projection of
2.75%-3.00% for the Federal Funds Rate.
○ Yields on the 10-year Treasury pulled back to 2.84% on
Thursday, May 12th, as investors continue to run for
safety in bond markets given recent selloffs in stocks
and little relief from this week’s inflation data. The
yield on the 30-year Treasury dropped 5 bps to 2.99%.
Interest Rates and Yield Curves
17. Please visit www.svn.com for more
information on the properties
featured on today’s call and to view
all of SVN’s active listings.
DISCLAIMER
This information has been obtained from sources believed reliable. We have not
verified it and make no guarantee, warranty or representation about it. Any
projections, opinions, assumptions or estimates used are for example only
and do not represent the current or future performance of the property. You and your
advisors should conduct a careful, independent investigation of the property to
determine to your satisfaction the suitability of the property for your needs.
All SVN® offices are independently owned and operated.