Top of Mind, Turbulent Financial Times

Despite the light week of economic data, there was lots going on in the economy to discuss for the Inside Economics team, including the runup in 10-year Treasury yields and fixed mortgage rates. Noted investment banker Chris Whalen then joins the conversation to talk about the banking system, its' under significant pressure, the independent mortgage banks, a shakeout is underway, and the Fed and other regulators, he's not a fan.