Bundesbank denies sale of US debt

A spokesman for the Bundesbank said "We're not selling anything" regarding the heavy sale of debt of Fannie Mae, Freddie Mac this week. Buba denials follow similar comments from the ECB.

Source: The Wall Street Journal

The Deutsche Bundesbank denied reports that it might be selling the debt of Fannie Mae, Freddie Mac and other U.S. government-sponsored companies from its investment portfolio.

"We're not selling anything," said Wolfgang Moerke, a Bundesbank spokesman. The denial, and a similar

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