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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Skywatcher who wrote (41354)10/31/2001 12:44:20 PM
From: Joe S Pack  Read Replies (2) | Respond to of 50167
 
An offtopic question(?),
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.
tahnks,
-Nat