The Loans Banks Aren't Supposed to Hold Anymore: What the delinquency rate doesn't tell usMar 20, 2026·Market Analysis
September Rate Cut in Focus: How big? How many to follow?; Fed Members: Doves Gain on Hawks; “The Data” – CPI Cool, PPI HotAug 27, 2025·Pascale's Perspective
Tariffs Announced, Stocks Crash, Bond Yields Drop, Risk Spreads Widen: Is the ‘Fed Put’ in Play?May 12, 2025·Pascale's Perspective
Talk: Powell Gives Semi Tough Remarks at 2024’s First Fed Meeting...Data: Markets Rally on Signs of Labor SlackFeb 2, 2024·Pascale's Perspective
“Wait’ll Next Year”... Volatile Year in Capital Markets Draws to A Close...Dec 23, 2022·Pascale's Perspective
Treasury Yield Volatility – Peak Inflation? Risk Spreads Widen, SOFR/LIBOR Indices Spike on Hawkish Fed ExpectationsApr 28, 2022·Pascale's Perspective
Treasury Yields Fall, Spreads Widen, as Markets Weigh Global Risk, Inflation, FedMar 2, 2022·Pascale's Perspective
Treasury Yields Fall, Supply Chain Issues Cloud Data, Hotel Financing ThawsMar 25, 2021·Pascale's Perspective
Markets Rally on Ultra Dovish Fed, Significant Re-openings (Theaters, Gyms, Theme Parks) Boost ConfidenceMar 18, 2021·Pascale's Perspective
COVID Crisis Nears It’s Peak in the U.S. With Hopeful Signs of “Curve Flattening”Apr 9, 2020·Pascale's Perspective
Fed Is All In – well, almost – Lenders Struggle to Quantify and Price Risk as Indices Drop to Unprecedented LevelsMar 5, 2020·Pascale's Perspective
Powell, Germany, Inflation Keep Treasuries in Tight Range, CMBS Rally ContinuesNov 9, 2017·Pascale's Perspective
National Portfolio Customizes Non-Recourse Bridge and Permanent Loans to $30,000,000Jul 20, 2017·Hot Money
Treasury Yields Rally, New Auction Demand is High, CMBS Rallies Further in "Split" MarketMay 12, 2016·Pascale's Perspective
Dovish Comments from Fed Chair, CMBS Rally is Stronger at Lower LeverageMar 31, 2016·Pascale's Perspective
Treasuries Continue to “Go Their Own Way” (Lower)... Credit Spreads WidenFeb 4, 2016·Pascale's Perspective
Global Growth Weighs on Long Treasuries, Debt Ceiling Deadline Disrupts Short Term, CMBS Still Looking for Firm FootingOct 23, 2015·Pascale's Perspective
China Devaluation Fallout – Currency Wars? Stronger Dollar? Risk-off?Aug 13, 2015·Pascale's Perspective
Markets calmer after Greek bailout, Chinese equities stabilize (or stop crashing), Yield curve flattensJul 23, 2015·Pascale's Perspective
Markets React to Greece, Puerto Rico, etc: Credit spreads widen, Treasury Yields Drop and then Bounce BackJul 2, 2015·Pascale's Perspective
Treasuries Rally on Fed Meeting… Credit spreads widen on Greece fears…Jun 18, 2015·Pascale's Perspective
Fed Tosses Out Calendar, Asian Central Banks Get in on QE, Worldwide DebtApr 30, 2015·Pascale's Perspective
All Eyes On Draghi; Other Euro Factors Continue to Effect US TreasuriesJan 23, 2015·Pascale's Perspective
Parsing the Fed Statement; Oil “Shock” Rattles Credit Markets; Russian Crisis 2; Potential S&P “ban”Dec 18, 2014·Pascale's Perspective
Treasuries yields rise based on lowering volatility and supply issues, CMBS spreads “turn the corner”….Sep 10, 2014·Pascale's Perspective
Fed Prepares for “Liftoff”; Credit Spreads “Hopefully are Stabilizing”…Aug 20, 2014·Pascale's Perspective