The Fed still holds $6.3 trillion in Treasuries and mortgage-backed securities, well above pre-pandemic levels. This week on the Basis Points podcast, Kevin Flanagan explains why a Warsh-led effort to shrink the Fed’s balance sheet, especially $2 trillion in mortgage-backed securities, may be far more complicated than the rhetoric suggests.
Basis point: 1/100th of 1 percent.
Learn more: https://www.wisdomtree.com/investments/multimedia/basis-points-podcasts#Listen%20now
Please see the WisdomTree Glossary for additional definitions of terms and/or indexes: https://www.wisdomtree.com/investments/glossary
