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El Mago

12/04/08 8:24 AM

#13068 RE: drluck #13049

FRE and FNM BIG ALERT !!!! .....The Fed is expected to start buying GSE debt on Friday, part of an $800 billion plan to buy mortgage-backed securities, asset-backed securities and other debt spurned by investors during the credit crunch. See full story."

http://www.marketwatch.com/news/story/treasurys-gain-focus-returns-fed/story.aspx?guid=%7B8A6D0473%2D22B3%2D4201%2D8703%2DB003F2553C4D%7D&siteid=yhoof