The David Lin Report · Friday, September 18, 2026
Todd Horwitz acknowledges the ten-year Treasury yield's importance in determining lending rates for mortgages and car loans, but criticizes official inflation metrics for excluding food and energy prices. He argues this omission is significant as energy is a major cost for most people.
“Well, it's an it's an important asset because it is basically what determines what your lending rate is.”
“But unfortunately, uh, our government numbers don't normally count the price of food and energy. They kind of exclude, they give you a number excluding price and energy.”
“And of course, energy is most people's biggest cost from the driving of your car to the heating of your home.”