Swan Says Australia to Cease Mortgage-Bond Buys

April 10 (Bloomberg) -- Australian Treasurer Wayne Swan talks about the government's purchases of residential mortgage-backed securities. Australia will stop buying mortgage bonds as a revival in the market means the government’s support is no longer needed, according to Swan. He spoke at the Bloomberg Australia Economic Summit in Sydney today. (This report is an excerpt and contains some audio technical problems. Source: Bloomberg)
Summers: U.S. Policy Triumphed With Renminbi Value
46:00 - Former U.S. Treasury Secretary Larry Summers discusses why the impact of a possible contagion from ‘Grexit’ is unknown and U.S. policy as it pertains to China’s currency. He appears with Hans Nichols on Bloomberg Television’s “The Pulse.” (Source: Bloomberg)
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