Standard advice the public hears about bonds is that when the Treasury yield curve inverts, there's a good chance a recession is on its way. At some point. Eventually.
A new Green Street report by managing director Daniel Ismail and analyst Harsh Hemnani notes that bond markets have much more information to offer about asset valuations, if you know where to look. Bonds can offer terrific tools that play well to the realities of commercial real estate that are different from many other markets, such as equities, forex, and commodities trading.
Transactional data in these markets can be useful to spot trends as they develop in real time with constant mark-to-market feedback. CRE markets, however, tend to operate privately. Much of the information delayed or available only through commercial feeds, all of which still have to wait for sales to process and all information to be available.
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