`Full-On' Fed QE3 Toward Year End, LeBas Says

Sept. 13 (Bloomberg) -- Guy LeBas, chief fixed-income strategist at Janney Montgomery Scott LLC, talks about the Federal Reserve's decision to expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month. He speaks with Julie Hyman on Bloomberg Television's "Lunch Money." (Source: Bloomberg)