Banks `Throw in the Towel’ Waitng for Higher Rates to Add Mortgage Bonds

August 3rd, 2010 | by DebtFree.net |

The biggest banks are adding government-backed mortgage bonds at the fastest pace in 18 months, breaking with an unusual pattern in which they shunned the debt as their loan portfolios shrank during the economic slump, according to Barclays Plc.—
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