As interest rates have been strengthening (seen below by way of the ultrashort-on-bonds instrument TBT)………

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
As interest rates have been strengthening (seen below by way of the ultrashort-on-bonds instrument TBT)………

I penned a recent post describing how the good people at Zillow had slashed the ostensible value of my lovely private residence from $8.4 million to $4.8 million (maybe they just like flipping digits?) Given the relatively smooth sailing of Zillow data, this was curious to me, until I stumbled upon an event that might have jostled their statistics: the sale of the home of my next door neighbor:
