Fed Fears Hit Mortgage Bonds, Attracting Investors - The Wall Street Journal

Mortgage REIT Annaly Capital has raised about $3 billion in recent weeks to buy into the battered mortgage-bond market

A $5.5 trillion bond market supporting the U.S. mortgage industry is being roiled by fears it will be hit in the Federal Reserves battle against inflation. Prices are falling for bonds backed by age… [+335 chars]

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