Tag
mortgage-backed securities
2 articles
Fed's $14.6B T-Bill Reinvestment Extends QT Reprieve, Steepens Duration Rotation
Treasury bill purchases signal adequate bank reserves; Fed prolongs pause on direct reserve management operations through mid-November
Operation Twist Cut MBS Yields 50 Basis Points in September 2011
The Fed's shift to reinvest agency MBS paydowns into MBS rather than Treasuries drove Ginnie Mae and Fannie Mae current coupon prices up 12 index points on Sept. 21, 2011