{"scheme":"rc-ledger-v1","generatedBy":"https://ryancolkitt.com","brief":{"slug":"2026-08-26","forDate":"2026-08-26","headline":"Mortgage-Treasury Spread Widens as Long-End Yields Compress","confidence":0.84,"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 6.65%, the 10Y–2Y curve flat."},"ledger":{"seq":329,"prevHash":"686e5b8173c2d91eec16e41828aaa2b9b8dff12b8daa51f06815f3e7e238d656","rowHash":"09871926e3ca95e9aefd09e8c3015c87189685e5c65c28f475b9323992a65a64","constitutionVersion":5},"anchor":{"status":"pending","headSeq":327,"bitcoinHeight":null,"witnessedAt":null,"coversThisRow":false},"verify":{"row":"https://ryancolkitt.com/api/ledger/export?afterSeq=328&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."}}