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Re: Chief Slapaho post# 134284

Wednesday, 10/16/2013 4:06:56 PM

Wednesday, October 16, 2013 4:06:56 PM

Post# of 797191
I'm only referring to what I heard about the Senate debt ceiling agreement and how it includes vast powers for the treasury...i haven't had time to look into it. Maybe those powers already exist even before the senate deal they've got today. But I thought maybe traders might have considered the treasury as backstop against hitting another debt ceiling to mean that treasury might keep fnma in c-ship into summer and beyond, because that would keep putting fnma's profits into the treasury, and contribute to delaying hitting the next debt ceiling.