May 4, 200520 yr It'll be interesting to see if they do it. Really before they annouced they were getting rid of it, no one cared about the 30 year. All of the volume has been in the 5 and 10 years for a while now.
May 4, 200520 yr Author It'll be interesting to see if they do it. Really before they annouced they were getting rid of it, no one cared about the 30 year. All of the volume has been in the 5 and 10 years for a while now. [/quote don't mortgage rates price off the 10 year????
May 4, 200520 yr It'll be interesting to see if they do it. Really before they annouced they were getting rid of it, no one cared about the 30 year. All of the volume has been in the 5 and 10 years for a while now. [/quote don't mortgage rates price off the 10 year???? They used to use the 30 year to hedge packages of mortgages.... They probably do base it on the 10 year now, as it is the longest issue. I don't know much about mortgages though...
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