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   News alert: A global bond selloff
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   Mortgages just got pricier
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      ‌
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               Thursday, February 19, 2026
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               Bond yields hit 19-year high
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               The 30-year Treasury bond touched its highest level in nearly two decades on 
Tuesday, pushing mortgage rates further above 6.7%. The culprit: stubborn inflation, a ballooning federal deficit, and rising fears that the Iran War's ceasefire deadline will lapse without a deal. It's not just a U.S. problem, either — bond yields are spiking from Tokyo to Berlin.
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                       Explore Europe, Your Way, with Tourlane
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               Here's what you need to know
              </span>
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                 <div>
                  <strong style="color:#17253D">
                   <a data-linktext="Goldman Sachs says a September rate hike is very unlikely." data-linktype="Normal" style="color:#17253D" target="_blank">
                    Goldman Sachs says a September rate hike is very unlikely.
                   </a>
                  </strong>
                  Chief economist Jan Hatzius argued that softening retail spending, 
weak job numbers, and cooling inflation all signal an economy that doesn't need higher borrowing costs, and that markets are pricing in too many hikes.
                 </div>
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                  <strong style="color:#17253D">
                   <a data-linktext='OpenAI president says executive departures are "not that atypical."' data-linktype="Normal" style="color:#17253D" target="_blank">
                    OpenAI president says executive departures are "not that atypical."
                   </a>
                  </strong>
                  Greg Brockman said the recent wave of exits has drawn attention only because of how prominent OpenAI 
has become, adding that the pace of leadership changes is ordinary for a rapidly growing tech company.
                 </div>
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                   <a data-linktext="Shein reportedly cuts its IPO valuation target to $25 billion." data-linktype="Normal" style="color:#17253D" target="_blank">
                    Shein reportedly cuts its IPO valuation target to $25 
billion.
                   </a>
                  </strong>
                  <span style="line-height:22.4px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
                   The fast-fashion retailer was aiming for $30 billion to $40 billion as recently as earlier this month. A $25 billion listing would value the company at roughly a quarter of the $98.2 billion investors assigned it in a 2022 funding round.
                  </span>
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                   <a data-linktext="Harvard's endowment discloses a $2.2 billion stake in SpaceX." data-linktype="Normal" style="color:#17253D" target="_blank">
                    Harvard's endowment discloses a $2.2 billion stake in SpaceX.
                   </a>
                  </strong>
                  The position in Elon Musk's rocket company 
accounts for more than half of the $4.3 billion in U.S. equities in Harvard Management Co.'s quarterly securities filing, making it the fund's largest single holding by a wide margin.
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                   <a data-linktext="Ferrari's electric car sells for $40 million at a charity auction." data-linktype="Normal" style="color:#17253D" target="_blank">
                    Ferrari's electric car sells for $40 million at a charity auction.
                   </a>
                  </strong>
                  <span style="font-family:Arial,Helvetica,sans-serif;font-size:16px;line-height:22.4px">
                   The one-off Luce, 
the first vehicle from Ferrari's battery-powered program, set the record for the most expensive new car ever sold at auction. Proceeds will go to the Ferrari Foundation, which funds educational programs.
                  </span>
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