Going Down! CMBX Declines Below 70% As Fed Hikes Rates (Trouble In Commercial Real Estate?) – Confounded Interest – Anthony B. Sanders

Freddie King said it best. We’re going down. At least the commercial real estate market.

As The Fed raises rates to combat inflation, we are witnessing a serious decline in Markit’s CMBX BBB S15 index.

We’re going down, at least the commercial real estate market.

Here is a photo of Treasury Secretary Janet Yellen ready to address problems in the commercial real estate market.