
Rob Kahn
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Jul 8, 2026
2026 Mid-Year Outlook | Park Madison Partners Executive Committee
3:34
3:41
3:50
4:33
4:42
4:49

Nancy LashineHOST
What do we think about our prediction for interest rates and where do we think we're going?

Rob KahnGUEST
So I think our prediction was that they'd be going down, which was the right prediction before we went into Iran.

Rob KahnGUEST
And now I believe the prediction is there is a chance that the Fed might raise interest rates, which seems to be the right prediction, though the immediate response from the market on the iran incursion for lack of a better term seeming to not be settled but seeming to be tamped down a bit was pretty incredible i mean oil prices dropped significantly in a very short period of time so i think it's probably twirly to tell but a few data points I remember in February, the 10-year dropped a little four for the first time in a really long time, right? And I thought, this is awesome.

Rob KahnGUEST
And then we went into Iran, and then you were floating between four and four and a half, and you thought that four and a half threshold was a very significant mental threshold.

Rob KahnGUEST
But then we blew through the four and a half, right? But now it's kind of settled back to below four and a half, a little bit over four and a half.

Rob KahnGUEST
So I feel like if you traded in that band, right, a little below four and a half, a little above four and a half on the 10 year, that's not terrible for real estate.
11 MINS LATER