Feds Williams: MBS sales could be an option down the road

　　div classBodysc17zpet90 cdBBJodivpReuters – New York Federal Reserve Bank President John Williams said on Monday selling mortgagebacked securities could be an option for the central bank to consider down the road in its goal to orient its balance sheet largely around holdings of Treasuries.p

　　pWilliams said MBS sales are not under consideration for the first stages of the balance sheet reduction plan the Fed revealed earlier this month, but said the goal of 35 billion a month in MBS redemptions is a “big number.” Last week Williams said plans to raise interest rates by 50 basis points at the Feds next two meetings is sensible, a sentiment he echoed on Monday. pdivdivdiv classBodysc17zpet90 cdBBJodiv

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　　pp Reporting by Dan Burnsp

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