Volatility of the Cap rate needs to be factored in to see if the spread is adequate.If I was renting office space to the US Treasury at 4.25% Cap rate, and all of my expenses were locked in for the next 15 years, I could reap the 0.25% spread over my cost of debt.  

If he can make toys, why cant he print and sell treasurys to China?

Hire him to run the treasury department!

The 30-year rate is impacted by the 10-year Treasury Note, not the Fed Funds rate.

:D I've found that a better indicator of the direction that mortgage rates MAY go is the 10 year treasury bond.

When you "purchase" a U.S Treasury bill, note, or bond, you are loaning money to the federal government – which possesses that ever-menacing printing press.

Treasury also wanted details on purchases of mortgage-backed and asset-backed securities, according to documents obtained by Bloomberg News.

Then again, we've got a Treasury Secretary who is a tax cheat . . .I think the change that the Obama administration seems to be advocating is that it is okay to break the law.

WASHINGTON – Wells Fargo & Co . abruptly reconsidered a pricey Las Vegas casino junket Tuesday after a torrent of criticism that it was misusing $25 billion in taxpayer bailout money.

Who do you think is buying up all those treasury bonds that are being created to pay for the deficit?