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How the Fed’s Plans for Its Portfolio Could Affect Mortgages
National Mortgage News, Jan. 27, 2022–Bonnie Sinnock (subscription)
“The principle that they would like to return to a balance sheet that is primarily Treasuries at some point hints at some additional pressure on MBS yields over the medium term,” said Mike Fratantoni, chief economist at the Mortgage Bankers Association.
https://www.nationalmortgagenews.com/news/how-the-feds-plans-for-its-portfolio-could-affect-mortgages