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Agency securities feel impact of Fed policy

Agency securities feel impact of Fed policy

Michael V. Salm, Co-Head of Fixed Income, and Brett S. Kozlowski, CFA
Michael V. Salm, Co-Head of Fixed Income, and Brett S. Kozlowski, CFA | March 27, 2013

For both agency securities and non-agency issues, the Fed’s bond-purchasing programs have had a major effect on prices and spreads.

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