"Clark W. Griswold, Jr." writes:

"Dakota69" wrote:

Not sure what you are saying in terms of the long bond, could you
expand as mortgage rates are generally tied to the 10 year note?

Bond _prices_ move in the opposite direction of bond _rates_. If 10 year bond
prices are going up it means the rates are falling & vice versa.

Ah ha!

Okay, now it all makes sense.

--
Todd H.
http://www.toddh.net/