US EditionBessent weighs mortgage rate risk in potential release of GSEs
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Bessent weighs mortgage rate risk in potential release of GSEs
Releasing the GSEs from conservatorship became a hot topic again this week after President Trump posted that he was giving it “serious consideration” on Wednesday, followed by a Bloomberg interview with Treasury Secretary Scott Bessent on Friday. The timing of the president’s announcement took many by surprise, given rising bond yields, an uncertain trade war landscape and mortgage rates surpassing 7%. With mortgage rates and bond yields rising,…
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