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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: shadowman who wrote (31537)5/19/2005 11:20:16 AM
From: ValueproRead Replies (1) of 306849
 
What Greenspan is saying is, "Please give us control over long term rates. The Fed has been helpless in this regard, and we don't want any financial institutions in this country more powerful than us leading banks. We need to rein in Fannie and Freddie the way we did the Savings and Loans, who got too big for our own good. Then, we can truly have control over interest rates, short and long."

In line with this premise, is it not interesting that Treasury now wants to re-introduce 30-year notes?
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