Salient to Investors:
Barclays analysts predict any new buying of government-backed mortgage bonds by the Federal Reserve will be limited to no more than $500 billion to $600 billion per year by supply constraints, less than half of QE1. Barclays said most major overseas investors are unlikely to want to invest much of their dollar reserves in anything but government-backed securities.
Read the full article at http://www.bloomberg.com/news/2012-06-18/fed-qe3-in-mortgages-may-be-half-of-qe1-barclays-says.html