Fannie, Freddie MBS Buying Raises Rate-Vol Tail-Risks

ZeroHedge
2026.01.13 14:48
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Authored by Michael Ball, Bloomberg macro strategist,President Donald Trump’sdirectivefor Fannie Mae and Freddie Mac to buy $200 billion of agency MBS is supportive for Treasuries at the margin, but it also increases traditional mortgage hedging dynamics in rate markets.