Way to go, fellas. The FOMC minutes for the crucial March 2020 meeting further make a mockery of everything the central bank should stand for. Nowadays, the Federal Reserve is thought about in terms of its inflation and employment mandates. Nothing whatsoever to do with the monetary system, at least not directly. That’s the way […]
Term and Type: 40-Day Bill
CMB: Yes
High Rate: 0.160%
Total Tendered: $119,378,300,000
Total Accepted: $45,000,125,000
Term and Type: 103-Day Bill
CMB: Yes
High Rate: 0.200%
Total Tendered: $111,606,396,000
Total Accepted: $40,000,110,700
NYFed treasury securities operations
$4.346B Coupon Purchase 2020-04-08
NYFed treasury securities operations $10.000B Coupon Purchase 2020-04-08
NY Fed treasury securities operations Fed $14.000B Coupon Purchase 2020-04-08
NYFed treasury securities operations $21.000B Coupon Purchase 2020-04-08
Toward the end of March 2012, then-Federal Reserve Chairman Ben Bernanke was busy with so many things. It wasn’t supposed to have been that way, not after two “massive” QE’s launched in the wake of the Great “Recession.” After all, V-shaped recoveries provide their own momentum upon which central bankers might piggy-back. In short, there […]
Term and Type: 103-Day Bill
CMB: Yes
Offering Amount: 40 Billion
Auction Date: 04/08/2020
Term and Type: 40-Day Bill
CMB: Yes
Offering Amount: 45 Billion
Auction Date: 04/08/2020