Housing starts and 10 year tsy rates
November 17, 2009 at 07:17 AM EST
[Skip to the end] Interesting how high housing starts were when interest rates were a lot higher than they are now. And if you ‘population adjust’ the housing starts the ‘Greenspan super bubble’ fell far short of previous highs, even with much higher mtg rates back then. (add about 2% to the 10 year note rates [...]