SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: pbull who wrote (11764)3/21/2001 2:39:38 PM
From: pbull  Respond to of 13572
 
JP Morgan cracks down on analysts:

thetimes.co.uk



To: pbull who wrote (11764)3/21/2001 8:40:15 PM
From: Jim Willie CB  Respond to of 13572
 
well close, PitBullDogMan
mortgages are linked to the 10yr TNotes because of portfolio packaged sales to service companies
that takes place between 3 and 7 years after the loan origination
the 10yr is considered the business bond
the 30yr is considered the govt debt bond

banks who hold loans for over the 10 years routinely hedge their interest rate risk via TBond futures
in fact, the hedging occurs almost quarterly to remove mortgage bankers from the business of interest rate speculation, not their intent

take care, jim