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Technology Stocks : Applied Materials No-Politics Thread (AMAT)
AMAT 219.78-4.8%3:25 PM EST

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To: robert b furman who wrote (183)10/31/2001 12:50:34 PM
From: Joe S Pack  Read Replies (2) of 25522
 
Off topic:
Today US treasury canned 30 year notes program which was started in 1977 claiming that US no longer needs such an instrument to finance its operations.

I am wondering what implications it will have on 30 year mortgages in specific and mortgage rates in general?
Any link or analysis will be greatly appreciated.

Thanks in advance,
-Nat
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