U.S. Fed buys $4.7 billion of mortgage bonds, sells nothingStaff Writer | June 15, 2017
The Federal Reserve (Fed) bought $4.715 billion of agency mortgage-backed securities in the week from June 8 to June 14, compared with $5.753 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday.
America The U.S. central bank
The New York Fed said on its website the Fed sold no mortgage securities guaranteed by Fannie Mae, Freddie Mac or the Government National Mortgage Association, or Ginnie Mae, in the latest week. It sold none the prior week. ■