The spread for the US 10-year Treasury yield over a “fair value” estimate has narrowed to the smallest gap in a year, based on the average estimate for three models run by CapitalSpectator.com.
Daily Archives: October 17, 2025
Macro Briefing: 17 October 2025
US stocks fell on Thursday amid growing concerns about regional bank loans. “Credit quality worries are plaguing Wall Street today as fears mount that there are multiple large lenders with heavy exposure to problematic loans with limited collateral,” said José Torres, senior economist at Interactive Brokers. An ETF targeting regional bank stocks (KRE) dropped 6.2% yesterday, closing at the lowest level since August.
