With a fall Fed taper looking likely, worth revisiting this Bloomberg piece on the MBS Whale: The coming unwind of the Fed $1.75 trillion MBS portfolio… Time to watch MBS spread contraction reverse… The effect will not be linear…
With a fall Fed taper looking likely, worth revisiting this Bloomberg piece on the MBS Whale: The coming unwind of the Fed $1.75 trillion MBS portfolio… Time to watch MBS spread contraction reverse… The effect will not be linear…
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