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What’s more, having the Fed as a buyer could keep longer-term Treasury yields from rising in the face of the record sums the government is expected to borrow this year to finance bailouts of the financial system and economy.
He also noted that the Fed can justify buying mortgage bonds by arg...
ABC News In a Christmas Eve announcement, the US Treasury Department said that it would extend unlimited financial assistance to Fannie Mae and Freddie Mac, ... US extends guarantees on Fannie, Freddie through 2012AFP
Thu, Dec 24 | from TopNews United States