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The financing conditions have tightened, as long-term interest rates have significantly risen since the recent meeting of the European Central Bank (ECB), Lagarde said on Saturday at the annual meeting of the International Monetary Fund (IMF) and World Bank in Bangkok. #EZB #Zinsen #Wirtschaftswachstum (translated)

Without new construction, there is no relief – the housing market is completely freezing up. Empirica's managing director Reiner Braun warns: "Without new construction, there is no relief – the housing market is completely freezing up." Because potential owners can no longer manage the financing, they are involuntarily moving to the rental market and additionally blocking it. However, due to high construction costs and rising interest rates, very few new apartments are currently being sold, which, according to Braun, also has negative effects on rents: "Because potential owners can no longer manage the financing, they are involuntarily moving to the rental market and additionally blocking it." #Wohnungsmieten #Hamburg #Frankfurt (translated)

The column "Stock Week" analyzes the effects of rising interest rates on the AI sector and stock prices, which have come under pressure in the volatile months of September and October 2026, while some companies, such as the machinery manufacturer Aixtron, remain stable. #Börse #KünstlicheIntelligenz #Zinsen (translated)

The number of building permits for apartments in Germany rose by 6.8 percent in August to 20,600, which represents a glimmer of hope for the strained housing market, while simultaneously builders are suffering from rising energy prices and interest rates. #Wohnungsbau #Baugenehmigungen #Deutschland (translated)

The high debts of data center operators for artificial intelligence are causing growing concerns in the financial markets, as rising inflation and related interest rate increases lead to a wave of selling in the stocks of these companies. #Inflation #Rechenzentren #Zinsen (translated)

Furkan Yildirim wrote that Bank of America has been examining the correlation between the yield of ten-year US Treasury bonds and stocks since 1962. At yields below 2 percent, the value was plus 0.5, and between 4 and 5 percent, it was plus 0.2. Between 5 and 6 percent, there was no correlation; at yields of 6 to 7 percent, the correlation was minus 0.3, from 7 to 8 percent minus 0.2, and above 8 percent minus 0.3. According to Yildirim, Bank of America explained the change by stating that low interest rates are usually associated with a strong economy, while high interest rates increasingly lead to inflation and expensive loans, making government bonds compete with stocks. The bank summarizes the thresholds, according to Yildirim, as follows: starting from 5 percent, investors become indifferent to stocks and bonds; above 6 percent, higher interest rates harm stocks, and above 7 percent, valuations decline significantly. The ten-year yield reached 5.36 percent in the previous week, the highest level since 2002, and had risen by around 0.7 percentage points since July. After inflation data on Wednesday, it jumped to 5.33 percent; at the time of his contribution, it was around 5.1 percent. Yildirim wrote that the market is already behaving as if yields were above 6 percent: according to Goldman Sachs, the correlation with the S&P 500 was minus 0.56, down from minus 0.64 in June – the lowest value since the start of the data series in 2011. Moreover, according to Yildirim, the ten-year bond is now yielding more than the S&P 500 generates in profits per dollar invested; this was last the case in the early 2000s. As an indication of the importance of inflation, he mentioned that high interest rates during times of high inflation have almost always been a burden for stocks. US inflation was at 3.7 percent in September, up from 3.4 percent in August; gasoline had cost 34 percent more than a year earlier. After the data, the probability of another Fed rate hike in October increased from about 20 to 47 percent. #Börse #Aktienmarkt #Zinsen (translated)

Steffan Nethe wrote that homeowners whose fixed-rate mortgage period ended could face significantly higher interest payments and might be forced to sell their homes. He argued that, under current plans, sellers could also owe income tax on the profit if the ten-year holding period had not expired when a new law took effect. Nethe said this would place an additional burden on middle-class households that had built up property through hard work, and criticized the proposals as unfair. #Eigenheim #Zinsen #Mittelschicht (translated)