Wednesday, 13 May 2009
Fed buys $3.51 billion in Treasurys
NEW YORK (Marketwatch) -- The Federal Reserve Bank of New York bought $3.51 billion in Treasurys maturing between 2026 and 2039 on Monday. The buyback is part of the central bank's program to keep borrowing costs lower and spur economic activity. Dealers offered $10.426 billion to be purchased. Ten-year note yields /quotes/comstock/31*!ust10y (UST10Y 3.17, 0.00, -0.06%) , which move inversely to prices, remained lower by 8 basis points to 3.21%. U.S. debt was supported by the Fed purchases and declining stock markets.
Subscribe to:
Post Comments (Atom)
-
Eleven weeks after Congress settled on a stimulus package that provided $135 billion to limit layoffs in state governments, many states are ...
-
By Kim-Mai Cutler and Anchalee Worrachate Jan. 7 (Bloomberg) -- Germany’s sale of 10-year bunds lur...
Mr Pedro is absolutely incredible. He’s been so responsive, so patient & honest, and just wonderful at his job as a loan officer. I will buy every future house with him if I ever move to DC. He’s just the absolute best.”
ReplyDeleteI will recommend anyone here looking for a loan to contact a loan officer Pedro on Email... pedroloanss@gmail.com