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Giuliano Giacaglia 🌲
@giu
The delinquency rate on commercial mortgage-backed securities (CMBS) for offices spiked to 8.1% in July, the highest in 11 years.
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Fibo
@fibo112358.eth
Is this because of the fed rate?
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Giuliano Giacaglia 🌲
@giu
Y
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Fibo
@fibo112358.eth
I see. So many indicators pointed towards the imminent rate cut. >the CME FedWatch tool showing a 51.5% likelihood of a 25 basis point cut in September and a 48.5% chance of a 50 basis point cut.
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