?2025 has been a pivotal year for the U.S. economy and housing market,? stated Eisenga. Consumer and business financial stress intensified in 2025, with bankruptcy filings rising significantly year-over-year. Despite affordability constraints, existing home sales edged higher in November 2025, rising 0.5% from the prior month to an annual rate of about 4.13 million units.
Today the Federal Home Loan Bank of Indianapolis announced it is seeking nominations to fill current and upcoming open positions on its Affordable Housing Advisory Council. The AHAC meets quarterly with staff and representatives from FHLBank Indianapolis? Board of Directors to advise the Bank on low- and moderate-income housing programs and housing needs in Indiana and Michigan.
The European stock markets closed mostly lower in Monday trading as the Stoxx Europe was down 0.1%, Germany's DAX gained 0.03%, the FTSE 100 was off 0.30%, France's CAC dropped 0.37%, and the Swiss Market Index lost 0.06%. In the UK, real gross domestic product rose an estimated 1.3% in Q3, compared with a year earlier.
The Federal Home Loan Bank of New York made a record $150.4 million in funding support available for affordable housing and community development efforts through a variety of targeted products and programs throughout 2025.
Federal Home Loan Bank of Atlanta today announced the results of its 2025 director election. ?We are excited to continue working with Jimmy, Chip, and Brian and know their experience as board members and ongoing engagement will enhance how we support FHLBank Atlanta members,? said FHLBank Atlanta chair of the board of directors, Thornwell Dunlap.
Canada updates GDP for October with flash guidance for November on Tuesday, Dec. 23, noted Derek Holt, Vice-President & Head of Capital Markets Economics at Scotiabank. Holt said a drop of about -0.2% m/m is expected for October, "with caveats".
US equity indexes rose on Friday as technology topped sector charts in a broad-based rally, aided by a revival of risk-on sentiment for the so-called artificial intelligence trade.
US equity indexes closed higher Friday as tech stocks paced the rally. * US existing home sales edged up 0.5% in November to a seasonally adjusted annual rate of 4.13 million, slightly below expectations for a 4.15 million pace, according to data from the National Association of Realtors.
Nyxoah Announces Issuance of First Tranche of Convertible Bonds Mont-Saint-Guibert, Belgium ? December 19, 2025, 10:05pm CET / 4:05pm ET ? Nyxoah SA (NYXH), a medical technology company focused on the development and commercialization of innovative solutions to treat Obstructive Sleep Apnea through neuromodulation, today announced the issuance of the first tranche of the convertible bond financing ent...
Supply for the final two weeks of the year will be virtually nonexistent, with only one deal, $24.46 million of taxable multi-family/project bonds from the Colorado Housing and Finance Authority, on the calendar for next week.
Bitcoin is consolidating below $90,000, but BitMEX co-founder Arthur Hayes says the pause masks a powerful liquidity-driven move that could send the cryptocurrency to $200,000 in 2026. What Happened: In his latest essay, "Love Language," Hayes argues the Federal Reserve's newly introduced "Reserve Management Purchases" program is effectively a rebranded form of Quantitative Easing.
Existing home sales rose to a 4.13 million seasonally adjusted annual rate in November from a 4.11 million rate in October but were still down 1% from the 4.17 million rate in November 2024. Two of the four US regions posted month-over-month sales gains in November, with a decline in one region and one unchanged reading.
Solidifi, one of the largest appraisal management companies in the United States, today announced the successful completion of its first Uniform Appraisal Dataset 3.6 order, marking a significant achievement in the company?s readiness for the appraisal modernization initiative led by Fannie Mae and Freddie Mac.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding about 0.8%. The Philadelphia Housing Index was shedding 0.9%, and the State Street Real Estate Select Sector SPDR ETF was up 0.3%. Bitcoin was rising 2% to $87,200, and the yield for 10-year US Treasuries was rising 3 basis points to 4.15%....
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.8%. The Philadelphia Housing Index was shedding 0.9%, and the State Street Real Estate Select Sector SPDR ETF was up 0.3%. Bitcoin was rising 2% to $87,200, and the yield for 10-year US Treasuries was rising 3 basis points to 4.15%. In co...
After an upside surprise in Q3 GDP tied to an export recovery, CIBC's Avery Shenfeld on Friday said Q4 looks to be off to a "weak start", with October GDP on Tuesday expected to post a decline.
US consumer sentiment improved after a four-month downturn, while inflation expectations hit 11-month lows, final University of Michigan survey results showed Friday. The main sentiment index rose to 52.9 this month from 51 in November.
Existing home sales in the US rose for a third consecutive month in November amid lower mortgage rates, data from the National Association of Realtors showed Friday. Sales increased 0.5% sequentially to a seasonally adjusted annual rate of 4.13 million units last month.
In a move cheered by public power companies, the House passed a bill that would give the Federal Energy Regulatory Commission authority to keep power plants open if their closure threatens reliability.
Xcel Energy Inc. (XEL) announced today the pricing terms of its previously announced three separate offers to purchase for cash up to $345,000,000 aggregate principal amount of three series of first mortgage bonds issued by Northern States Power Company, a Minnesota corporation and a wholly owned subsidiary of Xcel Energy.
The U.S. central bank has been mulling the idea of a "skinny" version of master accounts for firms that want payments access without the deeper Fed demands.
The larger story could be that some of the larger issuers are asking water lobbyists and lawmakers to push the EPA because of worries the administration may tamper with or even eliminate the program, said a WIFIA expert.
The Equitable School Revolving Fund, which has more deals in the works, has maintained its strong credit profile even as the sector has experienced headwinds.
The University of Michigan consumer sentiment index was revised down Friday to a reading of 52.9 for December from the 53.3 reading in the preliminary estimate, compared with expectations for an upward revision to 53.5 in a survey compiled by Bloomberg. That was still above the final reading of 51.0 in November.
Existing-home sales increased by 0.5% in November, according to the National Association of REALTORS? Existing-Home Sales Report. Month-over-month sales increased in the Northeast and South, showed no change in the West, and fell in the Midwest. ?Existing-home sales increased for the third straight month due to lower mortgage rates this autumn,? said NAR Chief Economist Lawrence Yun.
The pace of US existing home sales rose 0.5% to a 4.13 million seasonally adjusted annual rate in November from 4.11 million in October, compared with a larger expected increase to a 4.15 million rate in a survey compiled by Bloomberg, data from the National Association of Realtors released Friday showed.
US stocks look set to open little changed Friday's trading session as investors look ahead to economic data set for release later in the morning, including existing home sales and consumer sentiment readings. The Dow Jones Industrial Average futures were off 0.03%, S&P 500 futures were up 0.12%, and Nasdaq futures were moving 0.22% higher.
Bank of Montreal said Friday it sees positive, but sluggish, real consumer spending growth in 2026, following the release of complete retail sales figures for October and an estimate on it for November. Overall, BMO said it has been a mixed bag for Canadian consumers heading into 2026.
Russia's central bank Friday said its Board of Directors decided to cut the key rate by 50 basis points to 16.0%. The reduction was widely expected, wrote Scotiabank in a note to clients. Guidance noted that "monetary policy will remain tight for a long period" with inflation running at 6.6% year over year.
Canada will release retail sales data for October and preliminary November at 8:30 a.m. ET on Friday, said Bank of Montreal. The retail sales report will give the bank the last piece of data for the October real gross domestic product "puzzle." Spending is likely to be little changed in the month, or down a modest 0.5% excluding autos. Volumes should nudge higher in the month.
The US dollar rose against its major trading partners early Friday ahead of the release of existing home sales data for November and the final University of Michigan consumer sentiment reading for December, both at 10:00 am ET.
Nova Scotia's December 2025 forecast update revised the provincial budget balance for fiscal year 2025-26 to a deficit $1.47 billion, or 2.1% of nominal GDP, after accounting for contingencies, said Scotiabank.
Commerzbank in its "European Sunrise" note of Friday highlighted: Markets: United States Treasuries recover into New York close, resume downtrend overnight, long end leads the Japanese government bond sell-off. Fed: Chicago Federal Reserve President Austan Goolsbee says the November inflation report contained a "lot to like" after voting to stay put at last FOMC decision.
US futures were edging higher pre-bell Friday as lower-than-expected US inflation data fueled hopes for a Federal rate cut. The US seasonally adjusted consumer price index, a measure of inflation, rose by 2.7% in November from a year earlier, below expectations for a 3.1% increase in a survey conducted by Bloomberg.
Financial stocks were mixed in late Thursday afternoon trading, with the NYSE Financial Index increasing 0.4% and the State Street Financial Select Sector SPDR ETF down 0.1%. The Philadelphia Housing Index was adding 0.3%, and the State Street Real Estate Select Sector SPDR ETF was shedding 0.5%. Bitcoin was falling 1.3% to $85,054, and the yield for 10-year US Treasuries declined 4 basis point...
? New York City Housing Development Corporation bond purchase will help create, rehabilitate or preserve more than 6,300 units of affordable housing ? The Federal Home Loan Bank of New York announced a $225 million investment in a New York City Housing Development Corporation bond issuance that will help create, rehabilitate or preserve 6,320 units of affordable housing across an array of HDC?s...
The US Federal Reserve has closed formal notices issued to Citigroup (C) that required the bank to enhance trading risk controls, Reuters reported, citing people familiar with the matter. The notices, issued in late 2023, addressed three matters requiring immediate attention.
Market frustration with the November Consumer Price Index is not about how low inflation printed. The report showed that annual CPI inflation slowed to 2.7% in November from 3% in September. Yet economists and inflation watchers argue that the figure was mechanically distorted by the federal government shutdown, which halted data collection in October.
The consumer price index rose 2.7% year-over-year in November, slowing from a 3% gain in September, the most recent data available. The Bureau of Labor Statistics was unable to calculate October data for several key series, so a month-over-month percent change calculation for November was not possible in those cases. Gasoline and vehicle prices were among the series with October data.
The National Association of Realtors' measure of US existing-home sales is expected to accelerate to a 4.15 million annual rate in November, based on a survey compiled by Bloomberg, after rising by 1.2% to a 4.10 million rate in October. Existing-home sales were at a 4.17 million rate in November 2024, so the year-over-year change would be only slightly negative.
Bitcoin is back to $86,000 in volatile U.S. trading hours on Thursday, which saw inflation cool more than expected in November. What Happened: Market commentatr The Kobeissi Letter highlighted that U.S. core CPI fell to 2.6% year-over-year, the lowest since March 2021 and a sharp downside surprise versus expectations. The print marked one of the largest inflation decelerations since 2023.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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