Federal Reserve FOMC Statement: After ending balance sheet reduction on December 1, the principal from maturing mortgage-backed securities will be reinvested in short-term Treasury securities.

Jinse Finance reported that the Federal Reserve FOMC statement shows that after the end of balance sheet reduction on December 1, the principal from maturing mortgage-backed securities will be reinvested in short-term Treasury securities. Starting from December 1, all principal payments from maturing U.S. Treasury securities will be rolled over.