IF the state wants to help struggling renters, then the cost burden should be upon the treasury of CT and not the individual property owners.

Lawrence Yun with NAR:- 10-year treasury yield is usually 2% lower than prime 30-year mortgage rates; the current spread is abnormally high between the two- Inventory is slightly over 1M nationwide which is historically low- First-time homebuyers, on average, need an annual income of $85K to comfortably afford a starter home; median home price will be 10% higher in 2023- 15% decrease in home sales in 2022 compared to 2023- 1 out of every 5 transactions are being cancelled; 60-64K transactions cancelled a month between July and now- 200,000 less agents in 2023 compared to now; 70% of agents and 80% of mortgage lenders have not worked in a "normal" market2023 Predictions:* -7% Unit Sales* +1% Home Values (various areas may see a decrease)2024 Predictions:* +10% Unit Sales* +5% Home ValuesI agree with your leading point - definite shift in the market, yet real estate is cyclical, so this should not come as a shock to the majority of people working in the industry.

Treasury securities indices or LIBOR.

They were definitely stupid in their treasury approach.

Right now you can make more money in a US Treasury IBond than you probably can buying a rental property.

They primarily invest the reserves in safe debt instruments (treasuries, bonds, mortgages, loans).

The treasury dept may be good to check online or in person as well.  

When you are licensed and pull a permit with your number, that job gets ran over to treasury department in your state so they can guarantee the GC pays taxes on the job among other things.

Conservative investors buy pieces of the tranche in a similar manner to a bond...that's why interest rates track with the Treasury Rates.

Treasury bonds are not only not being sold, but nations start seeking how to unload them for near junk status.