“The Fed’s purchases today will be its second this week, after it bought $2.551 billion of notes on Aug. 17. The central bank plans to purchase about $18 billion of U.S. debt by the middle of September using the money from principal payments on its holdings of agency debt and agency mortgage-backed securities, according to its website.” Read more.
“Treasure 10-Year Yields Near 17 Month Low as Fed, Japanese Investors Buy”
Wes Goodman
Bloomberg, August 19, 2010.
Image by dream designs / FreeDigitalPhotos.net.
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