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Real Estate & Property Law
: Housing WireTreasury Yields Hit Record Lows, But Will it Last?
By PAUL JACKSON
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Weaker-than-expected construction spending and quickly falling manufacturing activity helped send stocks sharply lower Monday morning, fueling a continued rise in demand for U.S. Treasuries — and likely pressure from secondary mortgage markets also contributed the extremely bullish bond sentiment as well, sources told HousingWire Monday morning.
Call it the two-fer Treasury rally: safe-haven buying combined with [...]Full post as published by Housing Wire on December 01, 2008 (boomark / email).
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