High Yield: 1.314%
Total Tendered: $47,072,490,300
Total Accepted: $19,325,136,300
Moratorium applies to Enterprise-backed mortgages Washington, D.C. – Today, to help borrowers and renters who are at risk of losing their home due to the coronavirus…
This is too hard to bear.
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
Fed QE $4.401B Coupon Purchase 2020-06-17 NY Fed treasury securities operations
Small caps drop over 15% in 4 days only to rally over 10% in less than 24 hours. A rally was not a surprise after such a steep and fast drop. What […]
The big news this morning was a 17.7% jump in the headline number for retail sales. LOL Enjoy the rally, everyone. The stock market rally that is.
Blackrock is managing the fund. The trades will be executed, as usual, with Primary Dealers. The Fed put out a list of accepted counterparties, and at a quick glance, virtually all of them were Primary Dealers.
The direct outright purchases of in…
Monetary policy can be implemented through outright purchases or sales of securities, which permanently changes the size of the Federal Reserve’s System Open Market Account (SOMA) portfolio.
The Fed has backed itself not into a corner but to the edge of a precipice.Though the Federal Reserve never stated its Grand Bargain explicitly, their actions have spoken louder than their predictably self-serving, obfuscatory public pronouncements.&nb…