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.
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 $1.450B Coupon Purchase 2020-05-21
A couple of neat snapshots for the post-COVID world came out of the two recent surveys by the Irish CSO, as summarized in the following two charts:Let me explain. We have been bombarded by ‘the future will be vastly different’ messages from all the con…
Given the amount of politicised vitriol surrounding the U.S., European, Russian, and now also Brazil data reporting, here is a snapshot of reported cases and deaths numbers for a range of countries:
Three charts on comparatives between the U.S. and the EU27 for COVID19 data:Key takeaways:U.S. now leads EU27 for 11 days and counting in terms of timing-adjusted death rates per capita of population;Even without accounting for the 7 days lag in the de…
Global numbers of new cases of COVID19 reported continues to trend on the upward trend line, with no discernible peaking:Today’s new cases counts worldwide mark a new local peak at 95,197, ranking 4th highest rate of new cases reported. Since May 15th,…
Term and Type: 20-Year Bond
High Yield: 1.220%
Total Tendered: $52,728,763,800
Total Accepted: $22,099,678,800
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 $1.185B TIPSPurchase 2020-05-20