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Editorial illustration: A photorealistic Reuters-style daytime photograph of a new single-family housing development under construction in a U.S
AlphaBlog

Housing Blinks While Rates Refuse to

April housing starts softened just as the 10-year Treasury hovered near 4.6%, a reminder that residential construction still answers to the bond market. For homebuilders, the next move in yields matters more than one month of headline resilience elsewhere in equities.

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