Miscommunication shook up mortgage, bond markets

Christopher Neely

The Regional Economist, 2004, issue Apr, 4-9

Abstract: What the Fed said last year it could do if deflation surfaced was one thing. What the markets heard was another. The result was mania in the bond and mortgage markets.

Keywords: bond markets; Mortgages (search for similar items in EconPapers)
Date: 2004
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