Foreign Investors Held Onto Agency MBS as They Dumped Non-agency MBS and ABS Investment
May 7, 2010
Foreign investors reduced their holdings of U.S. mortgage securities and ABS by 17.7 percent during the 12 months that ended in June 2009, but they remained fairly loyal investors in agency MBS. New final data recently released by the Treasury Department show that foreign investors held some $1.260 trillion of MBS and ABS issued by U.S. securitizers... [Includes one chart]