fromwww.housingwire.com
5 hours agoFed's QT end could impact mortgage rates
Our house forecast is that they take the MBS paydowns, which are roughly about $16 billion a month, and reinvest those into Treasury bills, said Jeana Curro, managing director and head of agency MBS research at Bank of America. That aligns with a lot of the rhetoric from this Fed. They've said they ideally want to hold a Treasury-only portfolio.
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