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With 11 Federal Reserve Board rate cuts ratcheting down short-term rates, adjustable rate mortgages will look more attractive, with yields remaining under 6%.
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Bond yields remain very low, and central bank intervention in the economy remains very high.
These yields remain well below Greek levels.
Spanish 10-year yields remained above 7.5 percent.
The yields remained near record highs.
Yet bond yields remained extremely steady in this period.
Yet yields remain extraordinarily low on a historical basis.
Spain's 10-year bond yields remain above the 7.5% mark, a euro-era record).
The company said the revenue outlook was positive although yields remained weak.
If bond yields remain low, the Fed will have to raise rates by more than otherwise.
And if yields remain low, they may not keep up with inflation.
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