interest rate scenario for this year.Great for NYB!!!
I tried to tell you folks not to get in a uproar over the short term spike. it will never last.economy is heading for some weak spots look for fed to back off after this weeks meeting.10yr is heading back below 4% in the next few weeks.remember nyb has built into their earnings forecast a 10yr yield of 6.75% by end of 2005. anything below that level means huge earnings surprises to the upside all along the way.
Keep on posting Bing.