According to Cushman & Wakefield Equity, Debt & Structured Finance:
“- $19.2 billion of CMBS has been issued in 2015 through the first week of March. Approximately 40% were single-borrower transactions while the remaining were multi-borrower pools.
– The U.S. economy added 295,000 jobs in February, bringing the 12 months total to 3.3 million jobs, the largest increase over 12 months since March 2000. Unemployment continues to decline and currently stands at 5.5%, the lowest level since May 2008.
– 5- and 10-year treasury yields advanced approximately 40 and 50 bps, respectively, during February. The approved extension of Greece’s bailout drove yields higher as demand fell for the safety of USTs. Additionally, positive U.S. economic data continued to support confidence for the inevitable short-term interest rate increase from the Fed.”