Fannie Mortgage Bonds Drop Most Since March on Federal Reserve Refinancing
August 14th, 2010
Fannie Mortgage Bonds Drop Most Since March on Federal Reserve Refinancing
Fannie Mae and Freddie Mac mortgage securities tumbled, with prices for certain debt declining the most relative to U.S. Treasuries since March, on concern that refinancing will accelerate after the Federal Reserve said it would buy more government notes.
Read more on Bloomberg
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