Mortgage Bonds, Home Lenders Jump as Trump Targets Housing Costs
Mortgage bonds rose and home-lender stocks rallied after President Donald Trump said he was directing the purchase of $200 billion of the securities in a move to bring down the...
By Ezra Fieser, Felice Maranz, Ye Xie · Bloomberg Markets
Mortgage bonds rose and home-lender stocks rallied after President Donald Trump said he was directing the purchase of $200 billion of the securities in a move to bring down the cost of housing.