Date Coupon GNMA FHLMC
Gold
Ten-Year
Treasury
GNMA
Spread
FNMA
Spread
07/08/04 5.5 5.39 5.45 4.47 92.0 98.0
07/09/04 5.5 5.38 5.42 4.47 91.0 95.0
07/12/04 5.5 5.43 5.48 4.44 99.0 104.0
07/13/04 5.5 5.48 5.53 4.48 100.0 105.0
07/14/04 5.5 5.50 5.56 4.48 102.0 108.0

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