Bloomberg writes "​Money Funds Stick With Fannie, Freddie Debt on Rescue". It says, "Vanguard Group, Federated Investors Inc. and The Reserve, investment firms that manage more than $​520 billion in money-​market funds, said they will continue to buy Fannie Mae and Freddie Mac debt because the U.​S. Treasury'​s rescue plan has bolstered confidence." It quotes Reserve CIO Patrick Ledford, "The auction today was oversubscribed.... On the equities side, it'​s a totally different story, but from a credit perspective, we'​re very comfortable with Freddie and Fannie exposure."

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