equityresearch
Equity Research
The Federal Reserve restated its intention to cease buying $1.25 trillion
of mortgage‐backed securities in March and maintained its pledge to
keep interest rates near zero for an “extended period,” opening a rift
among policy makers for the first time in a year. The dollar strengthened and two‐year Treasury notes fell the most this year as investors bet the Fed’s decision to end purchases of mortgage‐backed securities, along with a more optimistic assessment of the economy, increases the odds of an interest‐rate increase by October. The Federal Open Market Committee said it “will continue to evaluate its purchases of securities in light of the evolving economic outlook” and the state of financial markets.
http://www.nirmalbang.com/Upload/Daily280110.pdf
of mortgage‐backed securities in March and maintained its pledge to
keep interest rates near zero for an “extended period,” opening a rift
among policy makers for the first time in a year. The dollar strengthened and two‐year Treasury notes fell the most this year as investors bet the Fed’s decision to end purchases of mortgage‐backed securities, along with a more optimistic assessment of the economy, increases the odds of an interest‐rate increase by October. The Federal Open Market Committee said it “will continue to evaluate its purchases of securities in light of the evolving economic outlook” and the state of financial markets.
http://www.nirmalbang.com/Upload/Daily280110.pdf