You're now on the archive server. Commenting has been disabled.
Mortgage Vigilantes Beating Death Drums
Even though the market's brief hiccup into green territory was promptly corrected (as expected earlier), it is the mortgage vigilantes' turn to beat the death drum. The 30 Yr Mortgage - 10 Yr UST spread is not helping the new, existing, and otherwise home sale green shoots. And this on top of the Treasury's $7 billion in Open Market purchases of bonds yesterday.
»
- 501 reads
- Printer-friendly version
- Send to friend