Archive for March 13th, 2006

Agency Bond Market Dries Up: 2005

In 2005, net issues of agency and GSE-backed securities were only 7.8% of levels of 2001, when Fannie Mae was in her heyday, aggressively flogging mortgages to the masses. In 2005, net issues of agencies were only $50.7 billion, indicating that this sector had become far less important in the fixed income market […]

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