Fed TALF announcement drives down CMBS spreads to 6-month low

05/21/2009 | Bloomberg

The Federal Reserve's announcement that it will broaden the TALF program to include older CMBS assets immediately started driving down spreads for the pre-January 2009 mortgage-backed securities. The spread on the highest-rated bonds linked to commercial mortgages narrowed by 12.3% Wednesday.

View Full Article in:

Bloomberg

Published in Brief: