Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (255375)	8/13/2003 5:32:51 PM
From: sammaster	Read Replies (1) of 436258

apps for refinance and new homes were down despite drop in 30 year rates last week... looks like greenie guaranteeing inflation by promising to keep short term rate steady and low even if economy picks up...i dont think the bond vigilantes liked that insinuation today... unfortunately for the economy if rates go up in anticipation of the economy growing, that rate increase in itself will pop the lending bubble and cause recession

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