Pursuits
Everyone Is Suddenly Worried About This U.S. Mortgage-Bond Whale
- Fed holds $1.75 trillion of MBS from quantative-easing program
- Comments spur talk Fed may start drawdown as soon as this year
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Almost a decade after it all began, the Federal Reserve is finally talking about unwinding its grand experiment in monetary policy.
And when it happens, the knock-on effects in the bond market could pose a threat to the U.S. housing recovery.