To: ChicagoConservative27
Does the Fed still own a boat load of Mortgage Backed Securities…because those would be rupturing value if “marked to market.”
2 posted on
01/15/2024 9:16:09 AM PST by
Vermont Lt
(Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
To: Vermont Lt
To answer my own question: “ US Assets - Mortgage-Backed Securities Held by All Federal Reserve Banks is at a current level of 2.432T, unchanged from 2.432T last week and down from 2.641T one year ago.”
Ouch. Those are costing the Fed billions of dollars in lost value if they had to price them like a company.
4 posted on
01/15/2024 9:18:51 AM PST by
Vermont Lt
(Don’t vote for anyone over 70 years old. Get rid of the geriatric politicians.)
To: Vermont Lt
Does the Fed still own a boat load of Mortgage Backed Securities…because those would be rupturing value if “marked to market.” They still own about $2.4 trillion of MBS.
They already mark to market.
To: Vermont Lt
The Fed is going bye bye.
11 posted on
01/15/2024 9:47:09 AM PST by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
To: Vermont Lt
Wait’ll college loans get canceled.
THEN watch the fur fly!!
30 posted on
01/16/2024 5:12:17 AM PST by
Elsie
(Heck is where people, who don't believe in Gosh, think they are not going...)
To: Vermont Lt
Don’t forget HTM Bonds. Wonder how many the Fed is holding?
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