City Guide
Answers
Login
Home
/
Community
/
Forums
/ Post a Reply
Post a Reply
Thread: What's that about how people in glass houses shouldn't throw stones?
Title:
(100 characters at most)
Content: ( 3,000 characters at most, please )
You can add emoticons below to your post by clicking them.
[quote=MARRIE,357096]Treasury yields have rebounded this year from record lows in December. The 10-year T-note bottomed at 2.06% on Dec. 30. Many market pros had expected some backup in yields just given the heavy calendar of bond offerings this quarter. The Treasury today said it will sell $40 billion in two-year notes and $30 billion in five-year notes next week. Geithner just gave potential bond buyers something else to worry about. Rising Treasury yields threaten to push up other interest rates as well, including on mortgages -- at a time when many Americans are desperate to refinance their home loans. The average 30-year mortgage rate nationwide rose to 5.12% this week from last week's record low of 4.96%, mortgage giant Freddie Mac reported today. -- Tom Petruno [/quote]
characters left
Name:
Get a new code
Copyright © 1998-2025 All rights reserved.