Is there somebody valuing these securities at this level?
The Fed effort involves purchasing mortgage-backed securities at a pace of $40 billion a month.
Mr Bernanke may not want to keep buying securities at this point.
Since November, the Fed has bought securities at a rate of about $75 billion a month.
Since 1998, banks have had to value securities at market prices.
Domestically, the fund owns corporate bonds, at 29percentt of the fund's total assets; mortgage-backed securities, at 12percentt; and Treasury securities, at 18percentt.
Until Friday, client statements had valued the securities at their cost to investors.
(3 Treasury promptly sells these guaranteed securities at par - at 100% of face value.
The bridegroom, 33, is a lawyer specializing in mortgage-backed securities at Morgan Stanley in Manhattan.
Some have bought distressed securities at premium prices to bolster yields.
His view of safety does not rule out buying distressed securities at a discount.
