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September 01, 2020 1:29pm
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The Fed Reveals Plan to Scale Back Mortgage-Backed Securities Holdings

In the latest minutes from its March meeting, the U.S. Federal Reserve gave the capital markets a sneak peek of how it’s going to lighten its balance sheet, particularly when it comes to mortgage-backed securities (MBS). The Fed is fresh off instituting a rate hike of 25 basis points....
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