Frustrated with the lack of substantial job gains, the Fed is likely to continue buying both MBS...

|By:, SA News Editor

Frustrated with the lack of substantial job gains, the Fed is likely to continue buying both MBS and Treasurys in 2013, says the WSJ's Jon Hilsenrath, meaning he believes a new QE is soon to be imposed to replace the expiring Operation Twist. Stocks move to new highs for the day, the S&P 500 +0.7%. Beige Book earlier.