Saturday, June 13, 2009

Barclay's Capital Keeps SOMA Assets in thier indexes

The headline from Barclay's reads, "Barclays Capital Announces Decisions Regarding its Benchmark Fixed Income Index Family".

This should shore up the bond market, since many use the indices as benchmarks, and the Feds purchases will provide support (since they won’t be selling those bonds any time soon). Other pending changes include excluding certain types of asset backed securities.

I can’t find the list of directly affected index tickers.

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