On net, the scope of the maturity extension program announced was very close to our expectations.
This is from a commentary that was published on September 20, 2011.
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Friday, September 23, 2011
FOMC Statement Comment: We Like the Way You Dance!
The Committee announced an aggressive "Operation Twist" and then some, by indicating that it will invest proceeds from agency security paydowns back into the agency MBS market.
On net, the scope of the maturity extension program announced was very close to our expectations.
This is from a commentary that was published on September 20, 2011.
Contact Macroeconomic Advisers
TweetFollow @macroadvisers
On net, the scope of the maturity extension program announced was very close to our expectations.
This is from a commentary that was published on September 20, 2011.
Contact Macroeconomic Advisers
TweetFollow @macroadvisers
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