Global Mortgage Rates Go Full Bond Villain: From Tokyo Basements to Swiss Bank Vaults, the Cost of Shelter Is Now Weaponized
ZURICH—While the rest of us were binge-watching geopolitical reruns (inflation, war, more inflation), the world’s central bankers quietly pushed the global cost of shelter to levels that would make a Zurich landlord blush. Current mortgage rates, once the financial equivalent of elevator music, have become the loudest soundtrack on earth—throbbing from Auckland’s leaky apartments to…
