The Mortgage Rate Conundrum
收藏NBER2017-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23784
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We document the emergence of a disconnect between mortgage and Treasury interest rates in the summer of 2003. Following the end of the Federal Reserve expansionary cycle in June 2003, mortgage rates failed to rise according to their historical relationship with Treasury yields, leading to
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美国国家经济研究局创建时间：
2017-09-01
