Ocker
your comments also seem a little naive.
What will happen once the approx 1.5 quarters of mortgagae bond sales have been consumed? - back to square one I would suggest!
No amount of govt interference is going to sway the market direction. It may defer it or delay it but change it, I doubt it!
It is a prop - without govt interference, the market will do what it will do.
How do you know it is a purchase of AAA rated stuff?
Regards
balt
oh no. now australia buys mortgages, page-5
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