Bernanke Treasury Plan Drives Pimco to Mortgage Bonds (Update4) (Bloomberg)
by Content Keyword RSS copy on Monday, March 30th, 2009 | No Comments
March 30 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke ’s plan to buy $300 billion of Treasuries is driving the world’s biggest bond investors away from government debt and may already be helping him lower consumer borrowing rates.
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