Defense Bond News Today : Breaking News, Live Updates & Top Stories | Vimarsana

them to near zero until unemployment falls to 6.5%. as for wall street s response, this may be where things change. the markets took a dive as soon as bernanke started speaking. by 3:05 the dow fell 140 points closing the day down more than 200, steve rattner. i wouldn t freak out over that considering that the market is so inflated right now anyway, but we ll talk about how bernanke signaled that things are going to be changing moving forward. what we are arguing about here or talking about rather is defense bond-buying program where they have been buying bonds. so we have a chart that basically illustrates this. if you go back to before the financial crisis, the fed owned something less than a trillion dollars of bonds, mortgage bonds, treasuries and so on. during the crisis they have been buying heavily and now they are up to something like 3.5 trillion dollars of the stuff. in the first quarter of this year, the fed bought 80% of all

Ben bernankeWall street6 5Steve rattnerFed in generalDefense bondBuying bondsMortgage bonds3 5 trillion dollars3 5 trillion