Mortgage Bonds Surge as Trump Orders $200 Billion Purchase by Fannie and Freddie

Mortgage Bonds rallied sharply this week after President Donald Trump issued a directive calling for $200 billion in mortgage bond purchases by government-sponsored enterprises Fannie Mae and Freddie Mac. The move sent immediate shockwaves through fixed-income markets, improved liquidity in the mortgage-backed securities (MBS) complex, and pushed yields lower for home loans across the United States.