Mortgage Investors Can Take Heart With Fed Buying ‘Here to Stay’

Bloomberg, June 10, 2020–Christopher Maloney
The central bank has purchased agency mortgage bonds at a record pace totaling $719 billion — just over $12 billion a day on average — according to data from the New York Fed. While the amount of buying over such a short time frame has been surprising, the banks re-entry into the MBS market was not.