Peter Schiff(@PeterSchiff):10-year Treasury yields will soon surpass 5.5%, pushing mortgage rates above 8%. The GSEs insure $7.8 trillion in mortgages with just $194 billion in capital. All it takes is a 2.7% loss to wipe it out. Instead of launching an IPO, Trump will be arranging another federal bailout.

Peter Schiff

@PeterSchiff

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Peter Schiff@PeterSchiff

2026.10.07 12:08

10-year Treasury yields will soon surpass 5.5%, pushing mortgage rates above 8%. The GSEs insure $7.8 trillion in mortgages with just $194 billion in capital. All it takes is a 2.7% loss to wipe it out. Instead of launching an IPO, Trump will be arranging another federal bailout.

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