Tuesday, October 25, 2005

Treasury Rates Skyrocketing.....

It might be better to rethink that 100% variable rate financing offer that you had been planning on that new home with that great interest rate. Treasuries are getting dumped in overnight trading right now with yields up between 7-10 basis points. If this holds through to tomorrow - this is a very significant development that bears watching closely. I would expect a decent move in the stock market tomorrow - keep an eye on this:

Regards,

BG

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