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You are right, however, the Fed did buy almost 2 trillion worth of mortgage-backed securities which trade on the open market.
by josu 12y ago
You are right, however, the Fed did buy almost 2 trillion worth of mortgage-backed securities which trade on the open market.
- nerfhammer 12y agoThe Fed virtually always buys and sells securities on open markets.
- josu 12y agoYeah, but as far as I know, they are usually repo agreements, buying MBS is something new.