Cameron Crise On Fed’s Balance Sheet Problem, Equity Drawdowns and Inflation
Macro Hive Conversations With Bilal Hafeez
00:00
Mortgage Bonds - Is the Fed Going to Get the Dough on Sept 15th?
The roll off has been liklik. like 55 billion dollars. But the really interesting aspect is that m b s, which is supposed to be rolling off at 17 and a half billion dollars per month, hasn't rolled off at all. In fact, m b s holdings have actually risen slightly since the start of june. No one's re financing a two and a half % mortgage when mortgage rate 30, mortgage rates are five and a quarter Is where we are now.
Transcript
Play full episode
