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107 sats \ 1 reply \ @Undisciplined 23 May \ parent \ on: Interest Rates Rise Again as Treasury Auction Comes Up Short econ
Interesting. I didn't know they gobbled up so many more mortgage backed securities during Covid.
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63 sats \ 0 replies \ @optimism 23 May
Yeah I saw that a while ago which was probably why the graph and your mention of subprime crisis triggered me. They almost doubled MBS at peak!
I was meaning to dig into what the rationale was, but it's low priority for me and I have a gazillion things to do, so maybe, if I'm ever bored.
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