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mortgage marketCNBC
•Business
Business & Economics
70% Informative
At the end of last year , foreign countries owned $1.32 trillion worth of U.S. MBS , or 15% of the total outstanding.
China is one of the largest holders of agency mortgage-backed securities.
Mortgage rates are rising sharply this week , as investors sell Treasury bonds at a swift pace.
"If China wanted to hit us hard, they could unload treasuries," expert says.
VR Score
81
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85
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46
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formal
Language
English
Language complexity
38
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not offensive
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not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
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