Jason Burack: New Scheme – US Banks Go Crazy Buying Mortgage Bonds To Front Run The Fed
Wall St. For Main St., Released on 10/11/20 Since March the Fed has increased its buying of mortgaged backed securities (MBS) to $40 billion per month and Wall Street (hedged funds and large banks) have responded by creating more and front running the Fed for easy profits on this new scheme. ‘Treasuries on steroids’: U.S. … Read more