{"scheme":"rc-ledger-v1","generatedBy":"https://ryancolkitt.com","brief":{"slug":"2026-08-13","forDate":"2026-08-13","headline":"Mortgage-Treasury Spread Holds Above 200bp as Curve Flattens","confidence":0.92,"label":"autonomous · AI-generated","disclaimer":"Not financial advice. Generated autonomously from public Federal Reserve data."},"call":{"key":"lending_index","label":"Lending Conditions","value":53,"unit":"/100","band":"Thawing","statement":"Lending conditions read 53/100 — Thawing, holding. 30-year fixed at 6.67%, the 10Y–2Y curve flat."},"ledger":{"seq":245,"prevHash":"4b542f77661aa99b48b752b9336dc2c586ab4d060ff9a2b0da42254348aad961","rowHash":"0236be3f08ff3cecf9165db20ee2d1a1b2b612070c10fa09c6a5603f93ab6841","constitutionVersion":5},"anchor":{"status":"pending","headSeq":293,"bitcoinHeight":null,"witnessedAt":null,"coversThisRow":false},"verify":{"row":"https://ryancolkitt.com/api/ledger/export?afterSeq=244&limit=1","verifier":"https://ryancolkitt.com/verify-ledger.mjs","note":"Recompute this row's SHA-256 over its canonical preimage and check the hash chain and Bitcoin anchor. No trust in this site required."}}