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Will mortgage rates drop even further?

By: clo in FFFT | Recommend this post (0)
Wed, 17 Aug 11 3:47 AM | 50 view(s)
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Msg. 31687 of 65535
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From Ed, my MA friend. clo

The reason mortgage rates dropped to near 4% is that the 10 year Treasury yield fell to 2.25%.

Enclosed is the chart I mentioned, of 10 year bond yields, comparing the U.S. (from 2007) to Japan (from 1990).

If Japan is a good guide, 10 year Treasury yields have a lot further down to run

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