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Bodnar of MMG: What Can the Fed Do To Pin Down Long-term Rates?

Interest rates stabilized a bit this week, according to Bill Bodnar of The Mortgage Market Guide. However, the Fed has lost the long-end of the bond market, meaning rates are ticking higher despite the bond buying.

What other tools does the Fed have that could be used to pin down long-term rates? It looks like Operation Twist 3.0 could be invoked by the Fed. What does it mean for you, your clients and rates? Watch the video below to learn more.

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