TITLE

Treasury-Fueled Slide in GSE Bond Yields Continues

PUB. DATE
June 2009
SOURCE
American Banker;6/18/2009, Vol. 174 Issue 116, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the rate of return for Fannie Mae and Freddie Mac mortgage securities. The yield for mortgage securities from Fannie Mae and Freddie Mac has dropped despite the good performance of treasuries and agency mortgage bonds. On June 10, 2009 the rate of return was 5.07% which is its highest since the U.S. Federal Reserve Board announced it will purchase home loan bonds in November 2009.
ACCESSION #
42010278

 

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