Relevant:
- Treasury mum on halting mortgage-security purchases
- Federal Reserve continues shadow bailout of banking industry -- $947 billion of overpaid and low demand mortgage backed securities sit on the massive $2.8 trillion Fed balance sheet
- Treasury 'Scarcity' to Grow as Fed Buys 90% of New Bonds
- JPMorgan Selected as Custodian for Fed's MBS Repurchase Program
- Washington Signals Deep Dollar Concerns -- Paul Craig Roberts
2010-06-02 — zerohedge.com
"Since the Federal Reserve Bank of New York finished purchasing $1.25 trillion in mortgage backed securities in March 2010, it has continued to support those markets with billions in so-called dollar rolls. "
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.