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Talk of unwinding QE puts Fed's mortgage bond stash in focus
As Fed seeks to reduce its US$1.75 trillion hoard of mortgage-backed securities, knock-on effects could hurt
Published Mon, Feb 6, 2017 · 09:50 PM
New York
ALMOST a decade after it all began, the Federal Reserve is finally talking about unwinding its grand experiment in monetary policy.
And when it happens, the knock-on effects in the bond market could pose a threat to the US housing recovery.
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