Watch What We Do, Not What We Say

By Joseph Trevisani
31 December 2009 @ 09:33 am EDT

Pay attention to the bond market. The ten year Treasury closed at 3.80% on Friday. It has gained 0.65% since November 27th. The yield curve difference between the two and ten year Treasury notes is the steepest on record. Thirty year fixed mortgages were 5.28% on Friday, up 0.32% in a month; six months ago the rate was 5.51%, a year ago 5.36%. A fifteen year historical average for a thirty year fixed home mortgage is close to 7.0%

For more forex information, go to www.fxsol.com

E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
US
Economy
Companies
Tech
Science
Global Markets
Education
Real Estate
Forex
Commodities
Gold & Silver Matters
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Books
Tech & Trend
Tools & Features
Topics
Market Data
Stock Watch List
Investment Calculator
Financial Glossary
Broker Center
World Business Headlines
ExpertNetwork
SportsNet
PartnerNet
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
E-Newsletters
Services
Forex Newsfeed
Research
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy