Government Agencies Continue to Be the Major Buyers of Agency MBS in October
November 6, 2009
The Federal Reserve system and the Department of Treasury continued to consume most of the agency MBS issued in October, according to a preliminary analysis by Inside MBS & ABS. The Fed reported net purchases of $72.20 billion during October and ended the month with commitments to purchase another $168.87 billion. Although Treasury MBS purchase data for October are not yet available, it’s likely that...