00:00Always remember that the market is forward-looking, meaning stocks, bonds, and the interest rate on
00:06loans, which is based on those treasury bond yields, is forward-looking, meaning that the
00:11money that lenders are giving us today, those interest rates, are based not on the current rate,
00:17but based on the future assumptions of what those rates will be. And I already told you what the
00:22future assumption of the market is. Remember, the market already expects a 0.25% to 0.5% increase.
00:28So the loans they're giving out today are already based on that future rate.
Comments