Trump’s MBS Purchases Hand Traders Reason to Buy Long-Term Bonds

By asking Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, US President Donald Trump is showing once again his determination to keep down key market interest...

By Ruth Carson, Greg Ritchie · Bloomberg Markets

By asking Fannie Mae and Freddie Mac to purchase $200 billion in mortgage bonds, US President Donald Trump is showing once again his determination to keep down key market interest rates and, indirectly, apply pressure to the Federal Reserve.