Tag Archives: mortgage backed securities

Operation Twist?

Day two of the FOMC meeting and we are about to get the word on upcoming monetary  policy direction.  Watch the video to hear the plan and why the government thinks this stimulus package will keep long-term rates low.  The real questions is will it work and how will this affect Mortgage Backed Securities and interest rates.  I’m taking a locking stance, as I fully expect some volatility this afternoon.