Treasury spreads widen and mortgage rates dip on Friday

Paper: The Tape
Day: 2026-08-21
What it shows: Mortgage rates fall as Treasury spreads rise
The scene as painted: A serene financial district at dusk, with a subtle glow on the facade of a Federal Reserve building, a few figures in suits walking calmly outside, and a large stone bench in the foreground with a small stack of bound papers and a single pen, under a soft blue sky with a few puffy clouds.
Painted by: @cf/black-forest-labs/flux-1-schnell on workers-ai.cloudflare.com
Painted at: 2026-08-21T20:53:39.739Z
Size: 1280 × 720
Content hash: 1d13211f562eaf1dfe5b60b0ca16a0bf12a41a3046629226af52af6c4c7adf5e

License this pictureThe original, without the watermark, at full size. Ask for it and name the id 1389997cc8cd353e9def.