Search results for "MBS"
05:19

The Kobeissi Letter: A new round of liquidity has arrived

Golden Finance reports that a new round of liquidity has arrived, as the U.S. Treasury account decreased by $78 billion, marking the largest weekly liquidity injection since June. The Federal Reserve plans to purchase bonds and use MBS principal payments to further boost liquidity.
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18:11

Bank of America believes that the Federal Reserve's Treasury purchase operations could put pressure on the 10-year U.S. Treasury yield

Gold Financial News reports that a rate strategist at a U.S. bank stated that the Federal Reserve's purchase of Treasury securities to maintain ample cash in the banking system could suppress long-term yields. Wall Street strategists generally expect that the Fed's reserve management purchases (RMP) operations — along with its October decision to use mortgage-backed securities (MBS) proceeds to buy Treasury securities — will absorb most of the net supply of Treasury bonds over the next year.
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17:49

Jin10 data compilation: What are the highlights of the Federal Reserve interest rate decision?

1. Interest rate expectations: The Federal Reserve is expected to keep interest rates unchanged at 4.25%-4.50% at this meeting, the third consecutive meeting. At present, the federal funds rate futures show that the market expects a 28.4% probability of a rate cut in June, pricing in a cumulative rate cut of 78bp for the whole of this year. 2. Voting ratio: At the last meeting, the members unanimously agreed to keep the interest rate unchanged, but Governor Waller opposed the balance sheet reduction adjustment. The meeting is expected to remain unanimous, but Waller may vote against it if the pace of balance sheet reduction changes. 3. Pace of balance sheet reduction: Pay attention to whether there will be any adjustments to the pace of balance sheet reduction. It is expected to maintain the pace of balance sheet reduction in March, that is, to maintain the upper limit of US debt reduction at $5 billion per month, and the upper limit of MBS reduction at $35 billion per month. 4. Wording of the statement: It is necessary to pay attention to the relevant comments on the economic outlook in the statement, and whether the wording of "increased uncertainty about the economic outlook" in March will be adjusted to reflect the increased uncertainty
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09:09

The Maldivian government and MBS Global Investments have committed $8.8 billion to build an "International Financial Center."

On May 5, Jin10 reported that on May 4 local time, the Maldivian government and MBS Global Investments, headquartered in Dubai, announced the establishment of the "Maldives International Financial Center" (MIFC). The total investment for the project is expected to reach 8.8 billion USD, located in the capital of Maldives, Malé. The project is expected to be completed by 2030, aiming to significantly boost the GDP of Maldives within four years, with the revenue expected to exceed 1 billion USD in the fifth year.
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17:14

Maldives and Dubai MBS sign an 8.8 billion USD Blockchain financial center joint venture protocol.

Gate.io News bot message, the Financial Times reported that the Maldivian government has reached a joint venture agreement with Dubai MBS Global Investments to jointly build a Blockchain and digital asset financial center in Male. The total investment for the project amounts to 8.8 billion USD. MBS Global Investments is affiliated with the family office of Qatari billionaire Sheikh Nayef bin Eid Al Thani and has currently secured initial funding commitments of $4 to $5 billion. The Maldivian government is driving the national economy to transform from traditional tourism and fisheries through this project.
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21:49

The Federal Reserve's balance sheet falls below the $7 trillion mark.

Golden Data November 8th news, the total size of the Federal Reserve's balance sheet fell below 7 trillion US dollars, for the first time since August 2020, indicating that the Fed's balance sheet reduction has reached about 2 trillion US dollars. The Fed previously stated in its latest statement that it will maintain the size of the balance sheet, namely reducing 250 billion US dollars of US Treasuries and 350 billion US dollars of MBS per month.
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19:02

The Federal Reserve FOMC statement: maintain the size of the balance sheet unchanged

BlockBeats News, on November 8th, the Federal Reserve FOMC statement: maintaining the scale of balance sheet reduction unchanged. (Reducing $25 billion of U.S. Treasury bonds and $35 billion of MBS every month) The labor market situation "generally eased". The members unanimously agreed on this Interest Rate decision. (The last meeting was
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15:32

New York Fed: The Fed's balance sheet is a key tool for monetary policy and financial stability

The article states that the Federal Reserve's balance sheet is a key tool to support the monetary policy goals and is used to support financial stability in rare cases. The FOMC has previously used purchases of US Treasuries and MBS to ease overall financial conditions. An article from the New York Fed indicates that the FOMC also instructed the Fed to reduce the size of the balance sheet to the level required to implement monetary policy.
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10:25

Fed's Mester: Fed should keep the option to sell collateralized mortgage obligations

The Fed needs to be open to actively selling collateralized mortgage obligations to complete its ongoing balance sheet reduction efforts. Cleveland Fed President Mester pointed out that although selling mortgage-backed securities is not "imminent," the Fed's goal is to restore holding only U.S. Treasuries, which may require selling MBS. Mester believes that at some point, selling MBS is feasible.
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00:13
PANews reported on April 11, according to Wall Street News, the Federal Reserve released the minutes of the March monetary policy meeting showed that the Fed officials at the meeting generally believed that the recent data did not enhance their confidence in the inflation to the target, and inflation fell along the generally expected uneven path; participants mentioned that geopolitical risks may push up inflation, and the U.S. commercial real estate market may bring economic downside risks; the vast majority of participants believe that "soon" It is prudent to start slowing the balance sheet reduction, and the participants believe that the slowdown does not mean that the final balance sheet reduction will be reduced and will not affect the monetary policy stance, and that the monthly balance sheet reduction will be about halved, the MBS reduction ceiling will remain unchanged, and the US Treasury reduction ceiling will be lowered. According to the New Fed News Agency, the Fed is ready to slow its balance sheet reduction "soon", and the monthly tapering of US Treasuries may be lower. In addition, according to Jiemian News, U.S. President Joe Biden said at a press conference jointly held by the White House and Japanese Prime Minister Fumio Kishida at the White House on April 10 local time that he adheres to the prediction of interest rate cuts, which may be postponed for a month, and there will be one before the end of the year.
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19:29
The minutes of the Federal Reserve meeting showed that almost all participants believed that a rate cut this year is appropriate; the Fed is inclined to reduce the monthly asset reduction by about half; the Fed is inclined to adjust the limit on reducing Treasury holdings rather than MBS to slow down the balance sheet shrinking.
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02:59
Odaily Venture capitalist Jason Calacanis posted on the X platform: "If I were president of the United States, the first action would be to build 10 new cities in the United States, each with 1 million homes. These fully planned cities will have excellent affordability, walkability, sustainability, and exceptional amenities that will bring joy to children, seniors, and the working class. If Saudi Crown Prince MBS can do that in Saudi Arabia, we can do it in the United States too. We just need to be determined. ” In response, Mark Cuban said that he had previously bought the Texas town of Mustang. Jason Calacanis responded, "Great, I'll send you a proposal for New American City." We will provide $250,000 per home, starting with the construction of 100,000 homes, and when you achieve great success, the other 900,000 houses will be unlocked (construction mission). ”
 "So what you mean is that you're going to write a smart contract on ZK L2 that will check if a construction permit has been issued and create an NFT accordingly and send it to me, and when the oracle checks the property and utility records and determines that the home has been completed, it will unlock and deliver 250,000 USDC to me? We will use a multisig wallet to protect the interests of both parties. Is it a deal?" Jason Calacanis responded: "I'm just going to send you the money and trust you to execute." ”
MBS-13.74%
23:16
PANews News on October 12, according to CoinDesk, former CEO of Alameda Research, Caroline Ellison, testified that SBF instructed her to use FTX clients' funds to repay Alameda Research's lenders. Despite her misgivings, she did as he asked. Ellison said she has been concerned since spring 2022 that Alameda's reliance on FTX client funds could spell disaster for both companies. She was relieved when SBF's crypto empire began to crumble, because it meant she could stop lying. Meanwhile, SBF had tried to finance FTX through an investment from Saudi Crown Prince Mohammed bin Salman (MBS). SBF said MBS was previously a potential investor in the exchange. Ellison also mentioned that SBF had hoped to buy Snapchat's parent company. In addition, Caroline Ellison said she and several FTX and Alameda executives "paid large bribes to Chinese officials" to unlock funds frozen on Chinese exchanges. After the FTX/Alameda team initially failed to negotiate with the Chinese government through lawyers to unlock the funds, they then tried to release the funds through a scheme involving the creation of fake foreign exchange accounts using the identity of "Thai prostitutes", but failed again. Eventually, those funds were secured after Ellison paid out $100 million to a crypto account. She understands that the account is somehow linked to Chinese government officials.
03:08

Investment boss warns: 30-year mortgage rates may rise above 9% before the end of the year, detonating the Fed's balance sheet

Peter Schiff, a veteran Wall Street investor and well-known economist, posted a warning: "The 30-year fixed-rate mortgage is now 7.9%. This interest rate will not only exceed 8%, but may also exceed 9% before the end of the year. This is actually would triple mortgage rates, causing the Fed's balance sheet to explode as insolvent banks would sell their highly insolvent MBS (mortgage-backed securities) to the Fed at face value."
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08:55

The Fed's quantitative tightening scale has reached 1 trillion US dollars, which is a painless balance sheet reduction for the financial market

Systematic open market accounts now have about $7.4 trillion in assets, down from a record $8.4 trillion in April last year, according to the New York Fed. SOMA is the name of the Fed's underlying asset portfolio. As part of its biggest monetary tightening in decades, the Fed raised the caps on monthly outstanding Treasury bills and mortgage-backed securities (MBS) to $60 billion and $35 billion, respectively.
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