Why the Treasury Index Matters?
A performance index based from the U.S. Treasury’s daily yield curve. This is an all-important index that is used as the basis for rates such as adjustable mortgages, and rate of return taken from banks. In this regard, the treasury index is regarded as the pulse of the capital markets. The components of the index involves different time frames and calculation can also vary from one financial institution to the other.
MortgageRates :: Feb.08.2008 :: Mortgage Rates :: No Comments »