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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (4062)12/29/2003 10:24:05 AM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 110194
 
the ECB (European Central Bank) is selling all of its Fannie Mae and Freddie Mac bonds due to the problems with the huge mortgage originators’ balance sheets

this is the first i've heard of this. has it caused any change in GSE spreads? you'd think it would.



To: russwinter who wrote (4062)12/29/2003 10:42:38 AM
From: Crimson Ghost  Respond to of 110194
 
Thanks for posting that!

Bonds acting poorly today -- in the modern world of bubble economics, bonds usually rise when the dollar is trashed.