Mortgage Banking

Making sense of commercial real estate finance.

Recap of Last Week

Posted by Jordan Crouch on October 22, 2007

Disappointing earrings reports from BofA and WaMu and the market tanking caused investors to buy US Treasuries as a safe harbor for their money. This sent the 10 Year T-Bill’s yield to the lowest it’s been in more than 30 days. (See graph here)

It’s a little ironic that last Friday’s T-Bill yield drop coincided with the 20 year anniversary of the Black Monday Crash.

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