Is Federal Support of GSE MBS, Debt About to Peak?
September 9, 2009
Uncle Sam appears to be on pace to reach its maximum target of providing some $1.25 trillion of support to the agency mortgage-backed securities market, but the growth may be slowing and there are other indications that the full support may not be needed or deployed after all. Through the end of August, the most recent purchase... [Includes one chart]