Commercial Real Estate Market Facing Challenges Ahead, Could Lead Fed to Stop Raising Rates

Commercial real estate market will see "a lot of things breaking", according to market veteran Ed Yardeni.

It's one reason the Fed will likely stop raising interest rates soon.

The market is plagued by office vacancies, heavy refinancing needs, and a credit squeeze.

Higher bond yields make borrowing much more expensive for commercial real estate deals.

While reminiscent of the 1990s S&L crisis, Yardeni still expects a mild recession and soft landing overall.