Bonds sold off after the holiday, the 10-year Treasury closed at 5.10%, and San Francisco took the spotlight
On November 12, 2026, the first bond-trading day after Veterans Day, the 10-year Treasury yield closed at 5.10%, up from 4.88% on November 9, according to the U.S. Department of the Treasury, while the S&P 500 fell 0.35%, as reported by CNBC. The show then toured San Francisco from the Bay Area desk.
Key numbers
| Number | Reading | Publisher |
|---|---|---|
| 10-year Treasury yield, closeNovember 12, 2026. Daily Treasury Par Yield Curve Rates | 5.10% | U.S. Department of the Treasury |
| 10-year Treasury yield, close two trading days earlierNovember 9, 2026. The bond market was closed on November 11 | 4.88% | U.S. Department of the Treasury |
| S&P 500, change on the dayAt the close, November 12, 2026 | -0.35% | CNBC |
| Dow, change on the dayAt the close, November 12, 2026 | -0.36% | CNBC |
| Nasdaq, change on the dayAt the close, November 12, 2026 | -0.39% | CNBC |
| Bitcoin priceNovember 12, 2026, about 5:00 PM Pacific time | Near $71,040 | CoinGecko |
| Bitcoin, change over 24 hoursNovember 12, 2026, about 5:00 PM Pacific time | Down about 4% | CoinGecko |
| Gold, settlement priceNovember 12, 2026. COMEX gold, December contract | $3,885.30 an ounce | CNBC |
| Gold, change on the dayNovember 12, 2026. COMEX gold, December contract | Down 2.9% | CNBC |
| U.S. crude oil (WTI), settlement priceNovember 12, 2026. NYMEX WTI, December contract | $88.74 a barrel | CNBC |
| U.S. crude oil (WTI), change on the dayNovember 12, 2026. NYMEX WTI, December contract | Up 2.6% | CNBC |
| Brent crude oil, settlement priceNovember 12, 2026. ICE Brent, January contract | $95.82 a barrel | CNBC |
| California median home priceSeptember 2026 | $899,720 | California Association of REALTORS® |
| California median home price, change from a year earlierSeptember 2026 | +1.7% | California Association of REALTORS® |
| San Francisco Bay Area median home priceSeptember 2026 | $1,325,000 | California Association of REALTORS® |
| San Francisco Bay Area median home price, change from a year earlierSeptember 2026 | +1.9% | California Association of REALTORS® |
| San Francisco Bay Area home sales, change from a year earlierSeptember 2026 | Down 3.1% | California Association of REALTORS® |
| San Francisco (city and county) median home priceSeptember 2026 | $2,054,000 | California Association of REALTORS® |
| San Francisco (city and county) median home price, change from a year earlierSeptember 2026 | +17.4% | California Association of REALTORS® |
| San Francisco (city and county) home sales, change from a year earlierSeptember 2026 | +6.2% | California Association of REALTORS® |
| California initial unemployment claims, not seasonally adjustedWeek ending November 7, 2026 | 45,021 | U.S. Department of Labor |
| California initial claims, change from the week beforeWeek ending November 7, 2026 | Up 5,047 (more than 12%) | U.S. Department of Labor |
| California insured unemployment rateWeek ending October 24, 2026 | 1.7% | U.S. Department of Labor |
Each figure is its publisher’s own, as first released, and can be revised. Where a publisher has no page for the one date, the link opens its current page, which shows later figures.
How far did the 10-year Treasury yield move?
The show opened with Sam Batayneh’s AI avatar, and Linh hosted from the San Francisco Bay Area tech desk.
The 10-year Treasury yield closed at 5.10% on Thursday, November 12, 2026, according to the U.S. Department of the Treasury’s Daily Treasury Par Yield Curve Rates. On Monday, November 9, it closed at 4.88%. That is 22 basis points in two trading days, with the bond market closed on Wednesday for Veterans Day. A basis point is one hundredth of a percentage point.
The 10-year yield is one of the figures housing watchers follow over time. One day’s reading describes that day only. It is not a forecast.
Freddie Mac’s weekly survey, published the same day, showed its national average lower for a fourth week in a row, according to Freddie Mac. That is a national average, not an offer.
How did stocks, Bitcoin, gold and oil do on November 12?
Stocks closed lower. The S&P 500 fell 0.35%, the Dow fell 0.36% and the Nasdaq fell 0.39% at the close on November 12, 2026, as reported by CNBC.
Bitcoin was near $71,040 late in the day, about 4% lower than a day earlier, according to CoinGecko.
Gold for December delivery settled at $3,885.30 an ounce on COMEX, down 2.9%. U.S. crude oil (WTI) for December delivery settled at $88.74 a barrel, up 2.6%, and Brent crude for January delivery settled at $95.82 a barrel. All three are as reported by CNBC. In the show’s words: oil up, gold down.
What was Sam’s quote of the day?
Sam Batayneh’s quote of the day: “The bond market giveth, and the bond market taketh away.” Sam added: this week, it took.
How is the San Francisco Bay Area housing market doing?
The latest figures are for September 2026, from the California Association of REALTORS® September 2026 Home Sales and Price Report.
California’s median home price was $899,720, up 1.7% from a year earlier. In the San Francisco Bay Area the median was $1,325,000, up 1.9%, while sales fell 3.1% from a year earlier. In the show’s words: higher prices, fewer sales.
In San Francisco itself, city and county, the median was $2,054,000, up 17.4% from a year earlier, and sales rose 6.2%. Those are citywide figures; every neighborhood has its own story.
Which San Francisco neighborhoods did the show tour?
SoMa is home to Salesforce Tower, the tallest building in San Francisco. Nearby is Moscone Center, where Salesforce holds its Dreamforce conference.
Next door, Mission Bay grew up on old rail yards. Chase Center, home of the Golden State Warriors, is there, and so is a UCSF campus with research labs and a hospital.
The Presidio was a U.S. Army post before it became part of a national park, according to the National Park Service. Lucasfilm works out of the Letterman Digital Arts Center there.
The show gave no home prices for these neighborhoods, only facts it could source. See the San Francisco page.
What did the tech desk say about stock pay?
When tech shares slip, stock pay that has not vested can slip with them. Lenders each set their own rules for stock income. This is general education, not advice and not a promise of approval.
What happened with California jobless claims?
California workers filed 45,021 first-time unemployment claims, before seasonal adjustment, in the week ending November 7, 2026, up 5,047 from the week before, according to the U.S. Department of Labor. That is a jump of more than 12% in one week.
California’s insured unemployment rate was 1.7% for the week ending October 24, the fourth-highest in the country, the Labor Department reports. Weekly numbers jump around, so a single week is not a trend.
Who presented the show?
Linh hosted from the San Francisco Bay Area tech desk, with Andre, Nora, Claire and Oliver. Sam Batayneh opened, commented and closed as an AI-generated avatar. All the presenters are AI-generated characters. They are not real people and are not licensed loan originators.
The Daily Mortgage Show is from Sam Batayneh, VP of Mortgage Lending at OriginPoint, NMLS 332474. The show is informational only, not advice or a forecast.
Common questions
What is a basis point?
Why did the show compare Thursday with Monday?
What is a jumbo loan?
Are the presenters of The Daily Mortgage Show real people?
Watch the show
This article is the written version of the November 12, 2026 episode of The Daily Mortgage Show on SamBatayneh.tv, presented by Linh, Andre, Nora, Claire and Oliver. The presenters are AI-generated.
Episode page: The Daily Mortgage Show, Thursday, November 12, 2026
Sources
- U.S. Department of the Treasury, Daily Treasury Par Yield Curve Rates, 10-year, November 2026
- Freddie Mac, Primary Mortgage Market Survey®, November 12, 2026
- CNBC, closing levels of the S&P 500, the Dow and the Nasdaq, November 12, 2026
- CNBC, settlement prices of gold (COMEX), WTI crude (NYMEX) and Brent (ICE), November 12, 2026
- Yahoo Finance, gold, WTI and Brent futures (settlements matched), November 12, 2026
- CoinGecko, Bitcoin price, November 12, 2026
- California Association of REALTORS®, September 2026 Home Sales and Price Report
- U.S. Department of Labor, Unemployment Insurance Weekly Claims, November 12, 2026
- The Daily Mortgage Show on SamBatayneh.tv, episode of November 12, 2026
The Daily Mortgage Show’s presenters are AI-generated. This article is general information, not advice or a commitment to lend.
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