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Podcast: Lykken on Lending
Episode: Patience in 2026 Because "Tomorrow is a Long Time" - Macro Market Update by Les Parker
Description: 01-06-2026 Patience in 2026 Because "Tomorrow is a Long Time" ----------------If tomorrow wasn't such a long time, then range trading would mean nothing to us at all.Significant political and economic events in 2026 will affect US credit markets. Yet, expect the 10-year yield to remain between 3.70 and 5.00. Mortgage lenders should be satisfied with mortgage rates between 5.8 and 7.20.The most considerable risk to a significant rise in mortgage rates should come from a grand bargain on national healthcare. Alternatively, the emerging US Goldilocks’ economy has rising...