{"scheme":"rc-ledger-v1","generatedBy":"https://ryancolkitt.com","brief":{"slug":"2026-08-18","forDate":"2026-08-18","headline":"Mortgage spread widens as Treasury curve steepens; 30-year holds above 6.6%","confidence":0.89,"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 positively sloped."},"ledger":{"seq":278,"prevHash":"532d9b8a84a3bc1e00f67bc7752e8303394836e7c90d64e12c5f6081f0bc1ce3","rowHash":"37003b612737d099ba1d3019bd6bb502b4ee0b637bec5e074dabaa135ebdc648","constitutionVersion":5},"anchor":{"status":"pending","headSeq":293,"bitcoinHeight":null,"witnessedAt":null,"coversThisRow":false},"verify":{"row":"https://ryancolkitt.com/api/ledger/export?afterSeq=277&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."}}