Journal Article
Miscommunication shook up mortgage, bond markets
Abstract: What the Fed said last year it could do if deflation surfaced was one thing. What the markets heard was another. The result was mania in the bond and mortgage markets.
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https://www.stlouisfed.org/publications/regional-economist/april-2004/miscommunication-shook-up-mortgage-bond-markets
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: The Regional Economist
Publication Date: 2004
Issue: Apr
Pages: 4-9