Sunday, January 23, 2011

Fed Buys $20 Billion More This Week: That's $320 Billion In Treasury Debt Monetization Since August - And Counting

Friday...

NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York bought $8.36 billion in Treasury debt on Friday, adding to the $312 billion the central bank has bought already since August. The buybacks are part of the Fed's second round of quantitative easing, and include purchases made under a previous program to reinvest cash from its maturing mortgage-related holdings back into Treasurys. Dealers offered to sell the Fed $18.959 billion in debt maturing from 2018 through 2020. After the announcement, the broader bond recovered its small gains from earlier.

http://www.marketwatch.com/story/fed-buys-836-bln-in-bonds-treasurys-resume-gain-2011-01-21

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Thursday...

NEW YORK (MarketWatch) -- The Federal Reserve Bank of New York bought $2.2 billion in inflation-linked Treasury debt on Thursday, adding to the $309 billion the central bank has bought already since August. The buybacks are part of the Fed's second round of quantitative easing, and include purchases made under a previous program to reinvest cash from its maturing mortgage-related holdings back into Treasurys. Dealers offered to sell the Fed $8.169 billion in debt maturing from 2028 to 2040.

http://www.marketwatch.com/story/fed-buys-22-bln-in-debt-treasurys-stay-down-2011-01-20

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Wednesday...

NEW YORK (MarketWatch) — Treasurys edged between minor gains and losses after the Federal Reserve Bank of New York bought $7.7 billion in debt on Wednesday.

The operation was the latest of the Fed’s second round of quantitative easing to support lending and spending.

http://www.marketwatch.com/story/bonds-yields-edge-up-before-fed-buyback-2011-01-19

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Further reading...

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